GSCM 209 DeVry Week 2 Quiz Latest

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GSCM 209 DeVry Week 2 Quiz Latest

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GSCM 209 DeVry Week 2 Quiz Latest

GSCM209

GSCM 209 DeVry Week 2 Quiz Latest

GSCM 209 DeVry Week 2 Quiz Latest

Question 1. Question : (TCO 1) Sally Jones, the operations manager for ABC Manufacturing Inc. has been asked by her General Manager Bob Smith to prepare a capital equipment budget to support ABC’s strategic plan. When Sally selects her quantitative forecasting method, on which time horizon should she be focusing on to choose her forecasting method?

  • Short range
  • Medium range
  • Annual
  • Long range
  • None of the above

Question 2. Question : (TCOs 1 and 2) Weekly sales of gallons of milk at the corner store are shown below. Using these data, forecast Week 7 using a 6-week moving average.

Question 3. Question : (TCOs 3 and 4) Linear regression is a(n) _____ forecasting model.

  • projection
  • associative
  • qualitative
  • trend

Question 4. Question : (TCOs 3, 4, and 5) While conducting an end-of-year finished goods inventory at his furniture store, Bob was able to construct the following data on of his nonseasonal furniture items.

– Use trend projection to estimate the relationship between time and sales (state the equation).

– Calculate forecasts for the remaining 5 months of the next year. .