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Quiz 1

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

The process of making future estimations is

a)

Technical profile

b)

Demand forecast

c)

Marketing

d)

Sales forecast

2.

Which demand forecast technique is based on statistical and mathematical concepts?

a)

Quantitative methods

b)

Opinion sampling

c)

Naïve techniques

d)

Qualitative methods

3.

Which demand forecast technique is adding a certain percentage to the demand for next year?

a)

Naïve techniques

b)

Quantitative methods

c)

Opinion sampling

d)

Qualitative methods

4.

Which Quantitative Methods of Forecasting technique uses a specific pattern in the past?

a)

Naïve techniques

b)

Opinion sampling

c)

Causal

d)

Time series

5.

Which Qualitative Method involves input from all parts of the organization?

a)

Delphi method

b)

Survey of sales force

c)

Historical analogy

d)

Executive committee

6.

his forecasting needs different kinds of information from different departments through common information system

a)

Technical profile

b)

Demand forecast

c)

Marketing

d)

Sales forecast

7.

šAll departments need sales forecasting to plan their activities effectively.

a)

True

b)

False

8.

The capability to satisfy demand using the maximum possible inputs.

a)

capacity plan

b)

sales plan

c)

demand plan

d)

future plan

9.

The FR model is used in sales forecasting for

a)

Financial Planning

b)

Production planning

c)

Purchase planning

d)

Marketing

10.

Which department is considered responsible for both storage and distribution toward the destination from the site of storage of produced goods?

a)

Logistic department

b)

Marketing department

c)

Production department

d)

Planning department