Which of the Following Is Useful for Forecasting the Required

question 213

Multiple Choice

Which of the following is useful for forecasting the required level of inventory? 1. Statistical modeling. 2. Information about seasonal variations in demand. 3. Knowledge of the behavior of different business cycles. 4. Pricing models linked to seasonal demand.

• A) 1 and 2 only
• B) 2 and 3 only
• C) 1, 2, and 3 only
• D) 1, 2, 3, and 4

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Definitions:

Barium

A chemical element with symbol Ba and atomic number 56, used in medical imaging to improve the contrast of X-ray photographs.

Fluorescence

The emission of light by a substance that has absorbed light or other electromagnetic radiation, often seen in minerals, plant materials, and synthetic compounds.

Prone

Lying flat, especially face-down, or having a tendency or inclination towards something.

Supine

A position of lying on the back, face or front side up.