A Well-Planned and Drawn Context Data Flow Diagram Will Include

question 51

Multiple Choice

A well-planned and drawn context data flow diagram will include how many processes?

• A) one
• B) between 5 and 7
• C) between 2 and 7, but no more than 7
• D) as many as are needed to accurately depict the process being documented

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Definitions:

Historical Demand

Past data on the quantity of a product or service that consumers bought over a specific time period, used for forecasting future demand.

Qualitative Forecasting Methods

Techniques that use expert judgment and subjective inputs to forecast outcomes, rather than relying solely on historical numerical data.

Causal Forecasting Methods

Predictive techniques that assume a cause-and-effect relationship between variables to estimate future outcomes.

Demand Forecast

The process of estimating the future demand for a product or service, based on historical data, current market trends, and predictive analysis.