Criterion for firm pursuing differentiation strategy

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Reference no: EM132202568

1. Which of the following is a primary supplier selection criterion for a firm pursuing a differentiation strategy?

A. product development skills

B. cost

C. capacity

D. speed

E. flexibility

2. Forecast that reflect very little happenstance fluctuation in the past data are said to exhibit

1. Seasonal effects

2. noise dampening response

3. impulse response

4. all of the above

5. none of the above

3. A Winter's forecasting model that has zero values for the beta and gamma constants exhibit what type of behavior

1. A simple exponential smoothing model

2. Impulse response

3. Noise dampening

4. all of the above

5. none of the above

4. In measuring forecast accuracy, the average of the absolute difference between the forecast and the actual demand is called

1. alpha

2. E-bar

3. MAD

4. all of the above

5. none of the above

5. Choice the best type of forecasting methods for the type of data indicated

trend data that fits in a straight line

short range forecast with no trends or seasonal effects

random data with no seasonal effects or trends

random data that illustrates a trend or seasonal pattern

random data with a trend or no seasonal effect

A. Holt's Method

B. Exponential Smoothing

C. Winter's Method

D. Linear Regression

E. Moving Average

Reference no: EM132202568

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