When a Commercial Janitorial Service Company Predicts Demand for Its

question 8

Multiple Choice

When a commercial janitorial service company predicts demand for its services using commercial building permits issued,office leasing and vacancy rates,this is an example of:

• A)a repetitive pattern modeling tool.
• B)a time series forecasting technique.
• C)a deterministic model.
• D)a causal model.
• E)a qualitative forecasting technique.

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Definitions:

Reasonable Notice

Notification given within a time frame that is considered fair and adequate under the circumstances.

Wrongful Dismissal

Termination of an employee's contract of employment in violation of the law or contractual terms.

Severance Pay

Financial compensation offered to employees by employers upon the termination of employment, often related to layoffs or job elimination.

Serious Disruption

A significant interruption or disturbance to an expected sequence of events that can impact operations, services, or activities adversely.