List the steps to develop a forecast using the decomposition method

What will be an ideal response?


1. Compute seasonal indices using CMAs.
2. Deseasonalize the data by dividing each number by its seasonal index.
3. Find the equation of a trend line using the deseasonalized data.
4. Forecast for future periods using the trend line.
5. Multiply the trend line forecast by the appropriate seasonal index.

Business

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The defect rate for a product has historically been about 5.0%. What is the upper control chart limit if you wish to use a sample size of 50 and 3-sigma limits?

A) 0.082 B) 0.112 C) 0.142 D) 0.172

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Forwarding functions are located in routers in ________

A) traditional routing B) SDN C) both A and B D) neither A nor B

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With reference to time series data patterns, a cyclical pattern is the component of the time series that:

a. shows a periodic pattern over one year or less. b. does not vary with respect to time. c. results in periodic above-trend and below-trend behavior of the time series lasting more than one year. d. is characterized by a linear variation of the dependent variable with respect to time.

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Which of the following would be treated as a rental agreement?

A) Capital leases B) Operating leases C) Expense leases D) Revenue leases

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