Given an Actual Latest Demand of 105, a Previous Forecast

question 51

Multiple Choice

Given an actual latest demand of 105, a previous forecast of 97, and α = 0.4, what would be the forecast for the next period using the exponential smoothing method?

• A) 80.8
• B) 93.8
• C) 100.2
• D) 101.8
• E) 108.2

Recognize potential drawbacks and biases in the job analysis process.

Comprehend pay equity legislation requirements and the job evaluation methods compliant with it.

Differentiate between various job evaluation methods and their suitability for different organizational contexts.

Apply appropriate job analysis methods for specific roles within an organization.

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Definitions:

Maturity

A phase in the product life cycle characterized by a slowdown in sales growth as the product achieves widespread acceptance and market saturation.

Product Life Cycle

The series of stages that a product goes through from its introduction to the market until its decline and eventual withdrawal from the market.

Maturity Stage

A phase in the product life cycle characterized by slowing growth, well-established market presence, and increased competition, requiring strategies for retention and differentiation.

Gatorade

A brand of sports-themed beverages and products, marketed for hydration and performance enhancement.