BUS 307 Week 3 Quiz - A Graded - Best Tutorial - All Questions Answered Correctly
ThePerfectionistQuestion 1.A company that uses portfolio analysis would probably classify things like office supplies in the Bottleneck quadrant.
- True
- False
Question 2.A firm’s demand data from the last two quarter is displayed in the table. Use a three period weighted moving average with Wt=0.7, Wt-1=0.2, and Wt-2=0.1 to forecast demand for July.
MonthDemand
January154
February148
March214
April180
May225
June246
- 235.2
- 195.6
- 158.8
- 180.4
Question 3.The transportation mode other than highway with the highest annual tonnage in the United States is:
- air.
- water.
- rail.
- pipeline.
Question 4.The transportation mode with the highest dollar value of freight in the United States is:
water.
rail.
highway.
pipeline.
Question 5.Between any two locations, a less than truckload shipment probably experiences fewer stops and handling than a direct truck shipment.
- True
- False
Question 6.A long-term movement up or down in a time series is called:
- seasonality.
- trend.
- randomness.
- cycle.
Question 7.A qualitative forecasting technique in which individuals familiar with specific market segments estimate the demands within these sectors that are then summed to get an overall forecast is called a:
- market survey
- life cycle analogy
- panel consensus
- build-up method
Question 8.The greater the randomness in the model, the greater the number of periods should be used in a moving average forecast.
- True
- False
Question 9.A firm’s demand data from the last two quarter is displayed in the table. Use a three period moving average to forecast demand for July.
MonthDemand
January154
February148
March214
April180
May225
June246
- 206
- 217
- 223
- 226
Question 10.The ratio of earnings to sales for a given time period is a firm’s profit margin.
- True
- False
11 years ago
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