Question 1

In a 5-period weighted moving average forecast for period t +1, which period will have the most weight?

Group of answer choices

A. Period t-4

B. Period t-3

C. Period t-1

D. Period t-2

E. Period t

Question 2

A seasonal index for a given month is computed by dividing each months demand by what?

Group of answer choices

A. The value for the month from a year ago

B. The next months demand

C. The average annual demand

D. The slope of the trend line

E. The previous months demand

Question 3

Which of the following types of products have a relatively unpredictable demand and are difficult to forecast?

Group of answer choices

A. Declining products

B. Products with many substitutes

C. Mature products

D. dairy products

E. Innovative products

Question 4

Which of the following is not a measure of forecast error?

Group of answer choices

A. MAPE

B. MAD

C. CFE

D. QFD

E. MSE

Question 5

What acronym describes the technology that utilizes an integrated circuit and a tag antenna to transmit and record information on a product?

Group of answer choices

A. CPFR

B. RFID

C. MSE

D. MAPE

E. QFD