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:

Dissolution

The process by which a solute forms a solution in a solvent, often thought of as the process of dissolving.

Ionic Solids

Crystalline materials that consist of ions bound together by their electrostatic forces, characterized by high melting points and electrical conductivity when molten.

Ionic Electrostatic Attractions

The force of attraction between positively and negatively charged ions in an ionic compound.

Hydrogen Bonding

A weak chemical bond between an electronegative atom, like oxygen or nitrogen, and a hydrogen atom bound to another electronegative atom.