Causal quantitative forecasting method

Assignment Help Operation Management

Reference no: EM132121541

1. Typically, organizations evolve through a number of stages as they gain experience with analytics and become more sophisticated in applying it toward the goal of developing a world class supply chain. Which of the following is not one of those stages?

Depend on suppliers for their data

Summarize and report data to decision makers

Develop the capability to analyze real-time data

Seek to predict what will happen in the future

All of the above are stages

2. Which of the following is not a component of time series data.

Seasonal variation

Irregular events

Random variation

Trend

Cyclical variation

3. Which of the following is not a causal quantitative forecasting method?

Multiple regression

Exponential smoothing

Econometric

Box-Jenkins

All of them are causal quantitative forecasting methods

Reference no: EM132121541

Questions Cloud

Discuss the transportation and logistics management policy : Discuss the transportation and logistics management policy. What impact can this policy (local, state, and/or federal) have on transportation?

Merit-based incentive payment system envolving : With the move to the Merit-based Incentive Payment system (MIPS) envolving from meaningful use in which technology plays a vital role

Time series analysis quantitative forecasting method : Which of the following is not a time series analysis quantitative forecasting method?

Discuss problem on horizontal and vertical organizations : This week you will begin a group paper that you will develop over the next few weeks. By Day 3 of this week, you will be placed in a collaborative group.

Causal quantitative forecasting method : Which of the following is not a causal quantitative forecasting method? Which of the following is not a component of time series data.

What were three important challenges faced : From an operational perspective, what were three important challenges faced by the Brazos Valley Food Bank? Explain.

Benefits and shortcomings of cost benefit analysis : Topic - Cost Benefit Analysis (CBA), Discussion: Benefits and Shortcomings of Cost Benefit Analysis and Evaluate Water/Wastewater Treatment Capacity

Marine engine for custom refurbishment of antique powerboat : Contract to sell a marine engine for a custom refurbishment of an antique (1950) powerboat.

How do unethical accounting practices affect internal : How do unethical accounting practices affect internal and external stakeholders? Cite at least one regulation to present the legal perspective.

User Account

All Pages