Test 1

MULTIPLE CHOICE

1. Which one of the following basic convenings of pick out is strong to predict because it is affected by national or global events or because of a lack of submit history reflecting the stages of exact from product development to decline?
a. Horizontal
b. Seasonal
c. Random
d. Cyclical
Answer: d
Reference: get Patterns
encumbrance: Moderate
Keywords: cyclical pick up pattern

2. The electricity bill at Padco was operate solely by the lights throughout the absentice; everything else was driven by alternative energy sources. The office was open slightly 8 mins a day, five days a hebdomad and the cleaning crew spent about the same sum up of time in the offices each week night. The kilowatt hour usage for the office was best described as a:
a. horizontal convey pattern.
b. random demand pattern.
c. seasonal demand pattern.
d. cyclical demand pattern.
Answer: a
Reference: Demand Patterns
obstruction: Easy
Keywords: horizontal demand pattern

3. A regression equation with a coefficient of determination near one would be most probable to occur when the data demonstrated a:
a. seasonal demand pattern.
b. trend demand pattern.
c. cyclical demand pattern.
d. random demand pattern.




Answer: b
Reference: Demand Patterns
Difficulty: Easy
Keywords: trend demand pattern, coefficient of determination, regression equation

4. Professor Willis noted that the popularity of his office hours mysteriously rose in the middle and the end of each semester, falling off to virtually no visitors throughout the rest of the year. The demand pattern at work is:
a. cyclical.
b. random.
c. seasonal.
d. trend.
Answer: c
Reference: Demand Patterns
Difficulty: Easy
Keywords: seasonal demand pattern

5. There are historically tierce 32-month...If you want to get a full essay, order it on our website: Orderessay



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