Given the Demand and Forecast Values Below, the Naïve Forecast

question 68

Multiple Choice

Given the demand and forecast values below, the naïve forecast for September is

• A) 100.6.
• B) 99.0.
• C) 102.0.
• D) cannot be determined.

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Definitions:

Semantic

Relating to meaning in language or logic, especially the meaning of words and phrases in context.

Structural

Relating to the arrangement of and relations between the parts or elements of something complex.

Phonemic

Refers to the smallest unit of sound in a language that can change the meaning of a word.

Dual-Coding Theory

A theory proposing that both visual imagery and verbal information are used to represent information, suggesting that information is stored in long-term memory in two distinct forms: auditory (verbal) codes and visual (imagery) codes.