Answer the following statements true (T) or false (F)
1) The Delphi approach involves the use of a series of questionnaires to achieve a consensus forecast.
2) The average rate of change in a time series data is known as churn.
3) A long-term, repetitive pattern in a time series that is often macroeconomic in nature is known as trend.
4) Variation patterns that are repetitive and occur at the same fixed time period are known as seasonal patterns.
5) In the forecasting process, the step of selecting a forecasting technique occurs before determining the time horizon for the forecast.
1) TRUE
2) FALSE
3) FALSE
4) TRUE
5) FALSE
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Which of the following is a major advantage of adding more channels for selling?
A) It helps the company increase its market coverage. B) It helps the company reduce its fixed costs. C) It reduces the likelihood of channel conflict. D) It is the best strategy for selling low-involvement consumer products. E) It results in economies of scale.
Indirect materials and indirect labor are components of manufacturing overhead
Indicate whether the statement is true or false
At a retail store, the display racks on which clothes are hung, the shelving, and the cash registers are all examples of ________
A) accessory equipment B) shopping products C) capital equipment D) component parts E) MRO products
A firm records debt securities purchased at the acquisition cost. The acquisition cost will differ from the _______ of the debt if the __________on the bonds differs from the required ________ on the bonds at the time the firm acquired them
a. market value; coupon rate; market yield b. market value; discount rate; coupon yield c. maturity value; coupon rate; market yield d. maturity value; discount rate; market yield e. maturity value; discount rate; coupon yield