BUS 307 Week 3 Quiz

Aug 22nd, 2016
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Ashford University
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Week Three Quiz. Complete the quiz on the assigned readings for the week.

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1. Question :The greater the randomness in the model, the greater thenumber of periods should be used in a moving average forecast.StudentTrueFalseAnswer:InstructorTime Series Forecasting Models - Chapter 9Explanation:Points Received:1 of 1Comments:2. Question :The ratio of earnings to sales for a given time period is a firmsprofit margin.StudentTrueFalseAnswer:InstructorWhy Purchasing is Critical - Chapter 11Explanation:Points Received:1 of 1Comments:3. Question :A company that uses portfolio analysis would probably classifythings like office supplies in the Bottleneck quadrant.StudentTrueFalseAnswer:InstructorSourcing Strategies - Chapter 10Explanation:Points Received:1 of 1Comments:4. Question :A qualitative forecasting technique in which individuals familiarwith specific market segments estimate the demands withinthese sectors that are then summed to get an overall forecast iscalled a:Studentmarket surveyAnswer:life cycle analogypanel consensusbuild-up methodInstructorQualitative Forecasting Methods - Chapter 9Explanation:Points Received:1 of 1Comments:5. Question :The use of su

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