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chapter 4 quiz questions - OPSY 5315 questions with verified answers-
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CPFR is



A. complete, planning, forecasting, and replenishment.

B. collaborative, partner, forecasting, and replenishment.

C. collaborative, planning, forecasting, and replenishment.

D. complete, partner, forecasting, and replenishment. - ANSWERC.
collaborative, planning, forecasting, and replenishment.



What is a data pattern that repeats itself after a period of days, weeks,
months, or quarters?



A. seasonality

B. Cycle

C. trend

D. random variation - ANSWERA. seasonality

, Which of the following is the FIRST step in a forecasting system?



A. Determine the use of the forecast.

B. Select the items to be forecasted.

C. Select the forecast model(s).

D. Determine the time horizon of the forecast. - ANSWERA. Determine the
use of the forecast.



Which forecasting model is based upon salespersons' estimates of expected
sales?



A. Delphi method

B. sales force composite

C. market survey

D. jury of executive opinion - ANSWERB. sales force composite



Which of the following is a quantitative forecasting method?



A. sales force composite

B. exponential smoothing

C. jury of executive opinion

D. market survey - ANSWERB. exponential smoothing



A tracking signal

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