UTA OPMA-3306 Chapter 3 Practice
Exam Questions with complete
solution 2026
This is a type of forecast used to make long-term decisions, such as where to locate a warehouse or how
many employees to have in a plant next year. - correct answer ✔Strategic forecast
This is the type of demand that is most appropriate for using forecasting models. - correct answer
✔Independent demand
This is a term used for actually influencing the sale of a product or service. - correct answer ✔Demand
management
These are the six major components of demand. - correct answer ✔Average demand for the period,
trend, seasonal elements, cyclical elements, random variation, and autocorrelation
This type of analysis is most appropriate when the past is a good predictor of the future. - correct
answer ✔Time Series analysis
This is identifying and separating time series data into components of demand - correct answer
✔Decomposition
If the demand in the current week was 102 units and we had forecast it to be 125, what would be next
week's forecast using an exponential smoothing model with an alpha of 0.3? - correct answer ✔118
UNits
Assume you are using exponential smoothing with an adjustment for trend. Demand is increasing at a
very steady rate of about five units per week. Would you expect your alpha and delta parameters to be
closer to one or zero? - correct answer ✔Zero
Exam Questions with complete
solution 2026
This is a type of forecast used to make long-term decisions, such as where to locate a warehouse or how
many employees to have in a plant next year. - correct answer ✔Strategic forecast
This is the type of demand that is most appropriate for using forecasting models. - correct answer
✔Independent demand
This is a term used for actually influencing the sale of a product or service. - correct answer ✔Demand
management
These are the six major components of demand. - correct answer ✔Average demand for the period,
trend, seasonal elements, cyclical elements, random variation, and autocorrelation
This type of analysis is most appropriate when the past is a good predictor of the future. - correct
answer ✔Time Series analysis
This is identifying and separating time series data into components of demand - correct answer
✔Decomposition
If the demand in the current week was 102 units and we had forecast it to be 125, what would be next
week's forecast using an exponential smoothing model with an alpha of 0.3? - correct answer ✔118
UNits
Assume you are using exponential smoothing with an adjustment for trend. Demand is increasing at a
very steady rate of about five units per week. Would you expect your alpha and delta parameters to be
closer to one or zero? - correct answer ✔Zero
