BUS 307 Week 3 Quiz – A Graded – Best Tutorial – All Questions Answered Correctly

BUS 307 Week 3 Quiz – A Graded – Best Tutorial – All Questions Answered Correctly. Question 1.A company that uses portfolio analysis would probably classify things like office supplies in the Bottleneck quadrant.   True False    

Question 2.A firm’s demand data from the last two quarter is displayed in the table. Use a three period weighted moving average with Wt=0.7, Wt-1=0.2, and Wt-2=0.1 to forecast demand for July.

MonthDemand   

January154   

February148   

March214   

April180   

May225   

June246   235.2       195.6       158.8       180.4    

Question 3.The transportation mode other than highway with the highest annual tonnage in the United States is:   air.       water.       rail.       pipeline.    

Question 4.The transportation mode with the highest dollar value of freight in the United States is:

  water.   

  rail.   

  highway.   

  pipeline.

Question 5.Between any two locations, a less than truckload shipment probably experiences fewer stops and handling than a direct truck shipment.   True False    

Question 6.A long-term movement up or down in a time series is called:   seasonality.       trend.       randomness.       cycle.    

Question 7.A qualitative forecasting technique in which individuals familiar with specific market segments estimate the demands within these sectors that are then summed to get an overall forecast is called a:   market survey       life cycle analogy       panel consensus       build-up method    

Question 8.The greater the randomness in the model, the greater the number of periods should be used in a moving average forecast.   True False

Question 9.A firm’s demand data from the last two quarter is displayed in the table. Use a three period moving average to forecast demand for July.

MonthDemand   

January154   

February148   

March214   

April180   

May225   

June246   206       217       223       226

Question 10.The ratio of earnings to sales for a given time period is a firm’s profit margin.   True False    

BUS 307 Week 3 Quiz – A Graded – Best Tutorial – All Questions Answered Correctly