MGMT 333 TEST 4 HW REVIEW QUESTIONS AND ANSWERS

MGMT 333 TEST 4 HW REVIEW QUESTIONS AND ANSWERS what items are considered qualitative? - ANS--delphi method -panel of experts -subjective what items are considered associative? - ANS--explanatory variables -multiple regression what items are considered time-series? - ANS--weighted moving average -seasonal relatives -exponential smoothing what items are considered all forecasting techniques? - ANS--imperfect a national home builder creating a forecast of house sales based on an equation based on several predictor variables including unemployment, inflation, mortgage rates, and stock market performance is using which of the following? - ANS-associative forecasting a vendor using advance ticket sales to forecast demand for stadium concessions for a professional football game would most likely use which of the following? - ANS-linear regression a tax accountant who calculates the total demand for her services from the past four years and divides by four to forecast demand for the next year is using which of the following? - ANS-moving average forecasting demand for a new restaurant concept would most likely rely on which of the following? - ANS...