QUESTION 16

1. Quantitative methods of forecasting include

   		sales force composite.
   		jury of executive opinion.
   		exponential smoothing.
   		consumer market survey.

0.5 points

QUESTION 17

1. Which of the following is a false statement for forecasting?

   		Forecasts are usually Incorrect
   		Qualitative forecasting is usually opinion based forecasting
   		Forecast for group of items is accurate than individual item
   		Short range forecasts are less accurate than long range forecasts

0.5 points

QUESTION 18

1. .. IS POTENTIALLY THE BIGGEST DRIVER OF PERFORMANCE IN THE SUPPLY CHAIN

   		INFORMATION
   		MATERIAL
   		CASH
   		TIME

0.5 points

QUESTION 19

1. CUSTOMER IS NOT AN INTEGRAL PART OF SUPPLY CHAIN

   True

   False

0.5 points

QUESTION 20

1. DESCRIPTION OF NEED IS ABOUT

   		KNOWYING EXACTLY WHAT THE CUSTOMER WANTS
   		SUPPLIER SELECTION
   		FOLLOWUP
   		RECORD KEEPING