The Past Monthly Demands Are Shown Below

question 117

Multiple Choice

The past monthly demands are shown below.The naïve method,that is,the one-period moving average method,is applied to make forecasts. What is the mean square error of the forecasts?

• A) −1.67
• B) 275.00
• C) 91.67
• D) 8.33

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Definitions:

Open Innovation

A business model that encourages companies to utilize external as well as internal ideas and paths to market as they look to advance their technology or services.

Organizational Structures

The formal system of task and reporting relationships that controls, coordinates, and motivates employees so that they cooperate and work together to achieve an organization’s goals.

Idea-Generation

The process of creating, developing, and communicating new concepts or solutions.

Defying Orders

The act of refusing to obey direct instructions or commands from a superior or authority figure.