When the Demand for One Item Can Be Used to Forecast

question 13

Multiple Choice

When the demand for one item can be used to forecast the demand for another item, the demand for the first item is called which of the following?

• A) a seasonal index
• B) a leading indicator
• C) a forward commodity
• D) a demand manager

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Definitions:

Size Constancy

A perceptual mechanism that allows the brain to perceive objects as having a constant size, despite changes in distance or the size of the image on the retina.

Physical Dimensions

Measurements or aspects of objects and spaces, such as length, width, height, and volume.

Kinesthetic Sense

The ability to perceive the position and movement of our limbs and body in space, often referred to as muscle memory or the sense of movement.

Body Position

Refers to the physical stance or posture of an individual's body, which can affect physical and psychological states.