What general technique is used to predict demand requirements?

a. Forecasting
b. Project management
c. Statistical quality control
d. Critical path method


a. Forecasting

Business

You might also like to view...

Trade secrets are confidential information or knowledge that has commercial value, is in the public domain and for which steps have been taken to keep it secret

Indicate whether the statement is true or false

Business

Chairman Cat Products produces cat trees that are sold by several large pet stores. They sold 190, 210, and 208 cat trees in January, February, and March, respectively. Assuming that the first forecast value (for January) is set to 190, what is the exponential smoothing forecast for April? Assume a smoothing constant value of 0.4.

a. 190 b. 198 c. 202 d. Cannot be determined from the information given

Business

The GATS covers trade-related aspects of intellectual property rights

Indicate whether the statement is true or false

Business

The percentage of people dying without a will is approximately

a. 5%. b. 25%. c. 65%. d. 90%.

Business