Which One of the Following Statements About the Patterns of a Demand

question 96

Multiple Choice

Which one of the following statements about the patterns of a demand series is FALSE?

• A) The five basic patterns of most business demand series are the horizontal, trend, seasonal, cyclical, and random.
• B) Estimating cyclical movement is difficult. Forecasters do not know the duration of the cycle because they cannot predict the events that cause it.
• C) The trend, over an extended period of time, always increases the average level of the series.
• D) Every demand series has at least the following two components: horizontal and random.

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Definitions:

Hemoglobin

A protein in red blood cells that carries oxygen from the lungs to the rest of the body and returns carbon dioxide from the body to the lungs.

Diffuse

To spread or scatter widely or thinly, often referring to particles, light, or substances mixing with another substance without any clear boundary.

Alveoli

Tiny sacs within the lungs where the exchange of oxygen and carbon dioxide takes place.

Capillaries

The smallest blood vessels in the body, responsible for the exchange of oxygen, carbon dioxide, and nutrients with tissues.