An Operation Analyst Is Forecasting This Year's Demand for One

question 50

Multiple Choice

An operation analyst is forecasting this year's demand for one of his company's products based on the following historical data: What is this year's forecast using a two-year weighted moving average with weights of .7 and .3?

• A)19,400
• B)18,600
• C)19,000
• D)11,400
• E)10,600

---

Definitions:

Nonconcealed observation

A method of observation in which the subjects are aware that they are being observed, potentially influencing their behavior.

Archival studies

Research methods that involve the examination and analysis of historical records and documents to understand past behaviors or trends.

Systematic observation

An observational research method where data is collected in a structured, organized, and methodical manner.

Reactivity

The influence that the process of measuring has on the subjects being measured, potentially affecting the results of a study.