An analyst is assessing two time-series forecasting methods

Assignment Help Operation Management
Reference no: EM13390184

An analyst is evaluating two time-series forecasting techniques. Using data from the past, she notes that technique B would have performed better than technique A over the evaluation period. If she goes ahead and chooses technique B for future use, she must therefore be confident that __________.

A fundamental assumption of time-series forecasting is invalid in this setting

B. Unprecedented trends or cycles will emerge in the future

C. Random variation is increasing in this time series

D. Important predictor variables are missing from Technique A

E. None of these

Reference no: EM13390184

Questions Cloud

For a given inventory item the suitable risk of a stockout : for a given inventory item the appropriate risk of a stockout has been determined to be 12. demand for this item
Describe the changes in interest rates inflation and : 1. discuss the current economic situation in the u.s. as compared to five 5 years ago. include interest rates inflation
Which of the given statements regarding the difference : which of the following statements about the difference between services and manufactured goods is most appropriate? a.
Siburo company issued 300000 11 10-year bonds on january 1 : siburo company issued 300000 11 10-year bonds on january 1 2011 for 318694. this price resulted in an
An analyst is assessing two time-series forecasting methods : an analyst is evaluating two time-series forecasting techniques. using data from the past she notes that technique b
Hydra has 113 billion in debt outstanding a market : hydra multinational is a vast conglomerate firm involved in a wide array of business ventures ranging from satellite
Consumersrsquo choices are prey to subtle discrepancies : expected value and consumer choicesconsumersrsquo choices are prey to subtle discrepancies that arise in cognitive
Explain the us tax consequences of hans us : hans a citizen and resident of argentina is a retired bank executive. hans does not hold a green card. at the start of
Assume that two forecasting methods - call them fm1 and fm2 : suppose two forecasting methods - call them fm1 and fm2 - are being compared. fm1s mad and mape are smaller than fm2s.

Reviews

Write a Review

Operation Management Questions & Answers

  Compute total cost for the current order size

A large law firm uses an average of 37 boxes of copier paper a day. The firm operates 256 days a year. Storage and handling costs for the paper are $31 a year per box, and it costs approximately $64 to order and receive a shipment of paper.

  How many containers are needed

Standard containers are designed to hold three dozen parts each. The cycle time for parts containers is about 105 minutes. how many containers are needed.

  .how does multitasking confuse the resource availability

.How does multitasking confuse the resource availability of project team personnel?

  Use universal studios and six flags for competitors in cpm

Can you prepare EFE and CPM matrixes for Disney's Parks and Resorts division. Use Universal Studios and Six Flags for competitors in the CPM.

  How does a leader differ from a manager

How does a leader differ from a manager and when would it be more advantageous to be a manager rather than a leader?

  Examine the subsequent rules also write a report to jeff

Examine the subsequent rules also write a report to Jeff Baker summarizing your Find outings also advise him on which rule to use.

  Explain how it aids in planning

explain how it aids in planning, Classifying also resolving specific price and schedule or quality problems associated with program.

  Compare and contrast the following definitions of quality

Compare and contrast the following definitions of quality. Definition 1: Quality is the totality of features and characteristics of a product or service that bears on its ability to satisfy given needs. Definition 2: Quality is meeting or exceedin..

  Explain the mcgregors theory x-y

Explain the McGregor's Theory x-y , the pros and cons of the theory.

  Americans suggest that illegal immigrants represent a growth

Other Americans suggest that illegal immigrants represent a growth engine in an economy with relatively little growth elsewhere.

  Swedish company asko

Swedish company Asko, which prides itself on manufacturing and marketing some of the best-built and most expensive appliances in the world, would probably use which competition-oriented pricing approach?

  Why organizations outsource projects or sections of projects

Identify major reasons why organizations outsource projects or sections of projects?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd