These Can Be Used to Perform Light Manufacturing or Assembly

question 5

Multiple Choice

These can be used to perform light manufacturing or assembly sort of business.

• A)Contract manufacturing
• B)E-tailing
• C)Sheltered workshops
• D)Freight forwarding

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Definitions:

Regression Analysis

is a statistical method for investigating and modeling the relationship between variables.

Dependent Variable

The factor in a model or experiment predicted to vary as a result of modifications in the independent variables.

Seasonal Index

A measure that quantifies the predictable fluctuation in activity or values according to the season or time of the year.

Forecasted Sales

Predicted sales figures based on analysis of market trends, historical sales data, and other relevant factors, used by businesses for planning.