Which of the Following Is a Qualitative Approach to Forecasting

question 26

Multiple Choice

Which of the following is a qualitative approach to forecasting human resources needs?

• A) Regression analysis
• B) The nominal group technique
• C) A scatter plot
• D) Trend analysis
• E) Ratio analysis

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Definitions:

LMC

Least Material Condition, the condition of a part where it contains the minimum amount of material yet still meets its dimensional specification, often related to tolerances in manufacturing.

RFS

Regardless of Feature Size; a condition where the tolerance or location of part features is not affected by the feature size.

Coordinate Tolerancing

A method of specifying tolerances on a part by using a coordinate system, allowing for precise control over the location of features.

Part Drawing

A detailed diagram that shows all the dimensions, tolerances, materials, and finishes of a manufactured part.