Suppose That You Are Using the Simple Mean to Make

question 28

Multiple Choice

Suppose that you are using the simple mean to make a forecast. This period's forecast was equal to 200 units, and it was based on 5 periods of demand. This period's actual demand was 300 units. What is your forecast for next period?

• A) 217
• B) 250
• C) 260
• D) 300
• E) 200

---

Definitions:

Marketing Skills

The abilities and techniques used to identify, communicate, and influence the client's choice regarding a product or service.

Job Interviews

A formal meeting between an employer and a job applicant to assess the suitability of the applicant for a specific position.

Application Process

The series of steps or procedures required to formally request or apply for something, such as a job, educational program, or loan.

Direct-Hire

Refers to the process whereby an employer recruits and hires an individual directly, without the intermediation of staffing agencies or recruiters.