QUIZIZZ_OM_DEMANDFORECASTINGTYPES__19042023

Which of the following is not a type of demand forecasting?

• Qualitative
• Quantitative
• Time series
• Spatial

Which of the following is a qualitative forecasting technique?

• Moving Average
• Exponential Smoothing
• Jury of Executive Opinion
• Delphi Method

Which of the following is a quantitative forecasting technique?

• Sales Force Composite
• Market Research Survey
• Life Cycle Analysis
• Trend Analysis

Which type of forecast is based on data from the past and assumes that the future will follow the same pattern?

• Qualitative
• Quantitative
• Time series
• Spatial

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

• Trend
• Seasonality
• Random Variation
• Inventory

Which of the following is not a method for measuring forecast accuracy?

• Mean Absolute Deviation
• Mean Absolute Percentage Error
• Mean Squared Error
• Total Variance

Which of the following is a measure of the strength of the relationship between two variables?

• Correlation
• Regression
• Standard Deviation
• Variance

Which of the following is a method for developing a consensus forecast from a group of experts?

• Moving Average
• Exponential Smoothing
• Jury of Executive Opinion
• Delphi Method

Which of the following is a forecasting technique that uses a series of past data points to make a projection into the future?

• Moving Average
• Exponential Smoothing
• Jury of Executive Opinion
• Time Series

Which of the following is a technique that weights more recent data more heavily than older data?

• Moving Average
• Exponential Smoothing
• Jury of Executive Opinion
• Delphi Method