TB MC Qu. 12-30 A forecasting system that changes... 3 A forecasting system that changes the value of the alpha parameter in response to the level of forecast error known as: 10 points Multiple Choice eBook O A tracking signal. References O A trend-enhanced exponential smoothing model. . A causal regression. O A time series model. An adaptive model. TB MC Qu. 12-35 How does product design affect... 4 How does product design affect forecasting accuracy? 10 points Multiple Choice eBook O Postponable product designs remove the need to forecast demand for final product configurations. References A popular product design improves the demand volume and forecast. Forecast accuracy is not related to product design. None of the statements are true. O TB MC Qu. 12-36 A computer program that uses... 5 A computer program that uses algorithms to learn by analyzing many different types of models applied to large amounts of data is called: 10 points Multiple Choice eBook O Historical analogy References O Focused forecasting. Artificial intelligence Algorithmic modeling. TB MC Qu. 12-02 Strategic demand planning would best... 6 Strategic demand planning would best be utilized: 10 points Multiple Choice eBook O To direct day-to-day operations in a manufacturing plant. References To determine plans for employee overtime. To decide whether or not to close a manufacturing plant. To determine plans for hiring or laying off employees. All answers are correct