Question: Which forecasting method is based on historical data and assumes that future patterns will resemble past patterns? A ) Qualitative forecasting B ) Time series
Which forecasting method is based on historical data and assumes that future patterns will resemble past patterns?
A Qualitative forecasting
B Time series analysis
C Delphi method
D Market research
In a JustInTime JIT system, what is the primary focus?
A Reducing lead times
B Increasing inventory levels
C Maximizing production output
D Enhancing product variety
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