The Forecasting Techniques That Assume Past Sales Patterns Will Continue

question 136

Multiple Choice

The forecasting techniques that assume past sales patterns will continue into the future are all variations of

• A) regression analysis.
• B) random factor analysis.
• C) seasonal analysis.
• D) time series analysis.
• E) past sales forecasting surveys.

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Definitions:

Shipment Date

The shipment date is the day on which goods are officially transferred from the seller to the carrier or dispatched for delivery to the buyer.

FOB Shipping Point

A shipping term indicating that the buyer assumes responsibility for the goods and shipping costs the moment the goods leave the seller's premises.

Title Passes

Refers to the transfer of ownership of property or goods from a seller to a buyer upon the fulfillment of certain conditions.

Shipment Date

The date on which goods are dispatched to a customer.