FINAL EXAMINATION PART 1

FINAL EXAMINATION PART 1

Professional Development

25 Qs

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FINAL EXAMINATION PART 1

FINAL EXAMINATION PART 1

Assessment

Quiz

Education

Professional Development

Practice Problem

Hard

Created by

Melona Saquin

Used 8+ times

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This forecasting model predicts the future based solely of the past values of the variable

Qualitative Model

Time Series Model

Delphi Model

Casual Model

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a component of time series?

Seasonality

Trend

Random Variation

Inflation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

  _________ are patterns in annual data that occur every several years.

Seasonality

Trend

Random Variation

Cycles

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

__________is a pattern of demand fluctuations above or below trend line that repeats at regular intervals.

Seasonality

Trend

Random Variation

Cycles

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This forecasting technique is often used when a trend of demand or other pattern is emerging.

Moving Average

     

Exponential Smoothing

Naïve Forecasting Technique

Weighted Moving Average

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Public companies must track inventory as a requirement for compliance of which of the following government agency?

Department of Trade Industry

Bureau of Internal Revenue

Securities and Exchange Commission

Philippine Statistics Office

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a benefit of inventory management?

Satisfies Customer

Saves money

Increases production expenses

Improve cash flow

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