As a Forecasting Technique,moving Average

question 10

Multiple Choice

As a forecasting technique,moving average:

• A)is useful when only base and irregular demand components exist
• B)is never useful
• C)is useful when demand patterns repeat with cyclic,trend,or seasonal components
• D)is useful when there is a strong relationship between demand and certain independent variables

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Definitions:

Max Weber

Was a German sociologist, philosopher, and political economist who is widely recognized for his significant contributions to the methodology of social science, his studies on bureaucracy, and his theories regarding the sociology of religion and capitalism.

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The study of how individuals and groups act within the contexts of organizations, aiming to understand and improve workplace dynamics.

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The study of human behavior in organizational settings, focusing on individual, group, and organizational dynamics.