Which One of the Following Statements About the Patterns of a Demand

question 96

Multiple Choice

Which one of the following statements about the patterns of a demand series is FALSE?

• A) The five basic patterns of most business demand series are the horizontal, trend, seasonal, cyclical, and random.
• B) Estimating cyclical movement is difficult. Forecasters do not know the duration of the cycle because they cannot predict the events that cause it.
• C) The trend, over an extended period of time, always increases the average level of the series.
• D) Every demand series has at least the following two components: horizontal and random.

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Definitions:

Corpus Callosum

The corpus callosum is a thick band of nerve fibers that divides the cerebral cortex lobes into left and right hemispheres, facilitating communication between the two sides of the brain.

Hippocampus

A region of the brain that is associated with memory formation and spatial navigation.

Cerebral Cortex

The outer layer of the brain's cerebrum, responsible for higher brain functions including sensation, voluntary muscle movement, thought, reasoning, and memory.

Corpus Callosum

A broad band of nerve fibers joining the two hemispheres of the brain, facilitating communication between them.