Which of the Following Is Beginning to Make It Easier

question 517

Multiple Choice

Which of the following is beginning to make it easier to conserve limited resources?

• A)a decrease in corporate greed
• B)better control and feedback tools
• C)the human tendency to underuse natural resources
• D)strict worldwide environmental standards

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Definitions:

Forecast Error

The difference between the actual demand and the forecasted demand, indicating the accuracy of forecasts.

Bias

A tendency to lean in a certain direction, either in favor of or against a particular thing, person, or group compared with another, often in a way considered to be unfair.

Forecast Method

Techniques used to predict future aspects of a business or operation, such as sales, trends, or consumer demand, based on historical and current data.

Exponential Smoothing

A time series forecasting method for univariate data that involves using weighted averages of past observations, with the weights decreasing exponentially as the observations get older.