With the Multiplicative Seasonal Method of Forecasting

question 169

Multiple Choice

With the multiplicative seasonal method of forecasting,

• A) the times series cannot exhibit a trend.
• B) seasonal factors are multiplied by an estimate of average demand to arrive at a seasonal forecast.
• C) the seasonal amplitude is a constant, regardless of the magnitude of average demand.
• D) there can only be four seasons in the time series data.

---

Definitions:

Open-Door Policy

A management approach where leaders encourage openness and transparency in the workplace by allowing employees to give feedback, raise concerns, or discuss problems without fear of reprisal.

Alternative Dispute Resolution

A range of procedures, such as mediation or arbitration, designed to resolve disputes without the need for litigation.

Behavioral Modeling

A training technique that involves the imitation of the behavior of others, observing and mapping successful practices and actions to improve performance.

Progressive Discipline

A process by which an employer implements increasingly severe actions (warnings, suspension, termination) in response to employee failures or misconduct.