Suppose That You Are Using the Naïve Forecasting Method with Trend

question 41

Multiple Choice

Suppose that you are using the naïve forecasting method with trend to forecast sales. Sales have been increasing by 10% per week. Two weeks ago, sales amounted to $100. What should your forecast be for this week?

• A) $100
• B) $ 10
• C) $110
• D) $121
• E) $120

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Definitions:

Easily Aroused Hostility

A personality trait characterized by a quick tendency to become hostile or angry in response to perceived threats or frustrations.

Predictability Of Reactions

The extent to which the responses or outcomes of a system or individual to specific stimuli or conditions can be anticipated based on past interactions or known patterns.

Type A People

Individuals who exhibit a competitive drive, aggressiveness, impatience, and a sense of urgency, which are considered traits that may increase the risk of heart disease.

Rage

Intense, uncontrolled anger that can result in aggressive behavior.