Matt Has Developed a Mathematical Model for the Film Distribution

question 131

Multiple Choice

Matt has developed a mathematical model for the film distribution company that employs him.The model will help in determining release dates and the desirable number of screens for new movies.This model is an application of

• A)scientific management.
• B)behavioral science.
• C)management science.
• D)contingency management.
• E)administrative management.

---

Definitions:

Holt-Winters

A forecasting method that addresses seasonality by applying exponential smoothing to both the level and the trend of the data.

Qualitative Methods

Research techniques that collect data that is not in numerical form such as interviews, observations, and textual analysis.

Judgmental Forecasting

A forecasting method that relies on intuitive judgments, opinions, and subjective estimates rather than on rigorous mathematical models.