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

question 131

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 patterns.
• 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 a random component.

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Definitions:

Conj

A logical connective, short for "conjunction," that represents the logical AND operation, yielding true only if both of its arguments are true.

Conj

Short for conjunction, a logical operator that combines two propositions to form a conjunction, which is true only if both propositions are true.

Simp

Slang term, often used humorously or derogatorily, to describe someone who shows excessive sympathy or attention towards another person, sometimes without receiving anything in return.

Conj

Short for conjunction, in logic, a compound statement formed by joining two statements with the word “and.”