A Static Method of Forecasting

question 18

Multiple Choice

A static method of forecasting

• A)assumes that the estimates of level,trend,and seasonality within the systematic component do not vary as new demand is observed.
• B)assumes that the estimates of level,trend,and seasonality within the systematic component vary as new demand is observed.
• C)the estimates of level,trend,and seasonality are updated after each demand observation.
• D)All of the above are true.

---

Definitions:

Expert Power

The influence and authority one possesses as a result of one's experience, skills, or knowledge in a specific area.

Reward Power

The capacity to influence others' behavior by offering them positive incentives.

Coalition Building

The process of assembling a group of diverse organizations or people to pursue a common goal or address a specific issue through collaboration.

Upward Appeals

A tactic in which an individual attempts to influence a decision or receive support by appealing to higher-level superiors or authorities.