Question 5 (1 point)

A time series is a series of observations taken at regular intervals over a specified period of time.

Question 5 options:

	True
	False

Question 6 (1 point)

MSE is the average of squared forecast errors over a given planning horizon.

Question 6 options:

	True
	False

Question 7 (1 point)

Effective capacity is the maximum capacity given product mix, scheduling difficulties, and other doses of reality.

Question 7 options:

	True
	False

Question 8 (1 point)

For the exponential forecasting method, higher weight to recent data results in more responsive to actual data and less smooth forecasts.

Question 8 options:

	True
	False