Question: QUESTION 48 The mean absolute deviation (MAD) is used to: O estimate the trend line o eliminate forecast errors O measure forecast accuracy O seasonally

QUESTION 48 The mean absolute deviation (MAD) is

QUESTION 48 The mean absolute deviation (MAD) is used to: O estimate the trend line o eliminate forecast errors O measure forecast accuracy O seasonally adjust the forecast O all of the above QUESTION 49 Which one of the following is not generally a determinant of the reorder point? O rate of demand O length of lead time lead time variability O stockout risk o purchase cost Start Node Finish Node Duration Days) Optimistic Most Likely Pessimistic Activity What is the probability that this project will be completed within 130 days? O .8413 O .90 O .9544 0 .9772 .9987

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