As a Forecasting Technique, Moving Average

question 2

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:

Digestive System

The group of organs responsible for breaking down food into nutrients, which the body uses for energy, growth, and cellular repair.

Circular Muscles

Muscles that are shaped in rings and typically found in various body systems, responsible for controlling the passage of substances by contraction and relaxation.

Ghrelin

A peptide hormone produced primarily in the stomach, the level of which rises before and falls after meals.

Leptin

A protein hormone produced by fat cells in the body that is related to eating and weight control.