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NEW QUESTION 44
The mean of at least two recent periods of demand data is the basis for the next period's demand forecast is the description of which quantitative forecast method?

  • A. Weighted moving average
  • B. Naive forecast
  • C. Simple moving average
  • D. Exponential smoothing forecast

Answer: C

 

NEW QUESTION 45
A relatively small amount of the population controlled the majority of the wealth, this is known as:

  • A. Statistical analysis
  • B. Pareto analysis
  • C. Controlled analysis
  • D. Ratio analysis

Answer: B

 

NEW QUESTION 46
What involves selected practices and
measurements
that are
compared from one organization to another?

  • A. Benchmarking
  • B. Flowcharting
  • C. Cultural reviews
  • D. Process assessment

Answer: A

 

NEW QUESTION 47
A macro-level evaluation of an organization's internal and external forces is called:

  • A. SWOT analysis
  • B. Expert analysis
  • C. Functional analysis
  • D. Paradox analysis

Answer: A

 

NEW QUESTION 48
......

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