IE 31: Module 8

Created by

gab

Cards (33)

Uncertainty - existence of more than one possibility
Forecasting terminology
A) Risk
Forecasting Terminology
A) Forecast
Forecasting Terminology:
A) aggregated forecasts
Forecasting Terminology
A) cpfr
Forecasting Terminology
A) forecasting model
Identify
A) forecasting
TYPES OF FORECASTING
A) Short-range forecast
B) medium-range forecast
C) long-range forecast
Types of forecasting: according to use, function, or application
A) economical forecasts
B) resource forecast
Types of forecasting: according to use, function, or application
A) technological forecasts
B) d/s/r forecasts
C) demand supply revenue
Which of the ff has the highest forecasting accuracy?
Short term forecasts
Medium term Forecasts
Long Term Forecasts
All have the same accuracy
Short term forecasts
Which of the ff is not a forecast based on use, function, or application?
demand forecasts
technological forecasts
focus forecasts
resource forecasts
focus forecasts
IDentify
A) Qualitative Methods
B) Quantitative Methods
Identify
A) Simulation
B) Focus Forecasting
IDentify
A) Web based forecasting
identify
A) Historical Analogy
identify
A) Sales force composite (grass roots)
identify
A) market research
identify
A) panel consensus
identify
A) jury of executive opinion
B) "group-think" disadvantage
identfy
A) delphi method
identify
A) delphi method
which of the ff is an example of a qualitative forecasting method?
boxjenkins technique
econometric model
delphi method
shiskin technique
delphi method
which of the following is also know as the group think approach?
delphi method
panel consensus
jury of executive opinion
sales force composite
jury of executive opinion
identify
A) time series models
identify
A) trend component
identify
A) seasonal component
identify
A) cyclical component
identify
A) random component
identify
A) season
identify
A) random component
identify
A) trend
identify
A) season