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Author Question: Which one of the following statements is TRUE? (Read 31 times)

MGLQZ

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on: Apr 18, 2020
Which one of the following statements is TRUE?
◦ The ideal of zero bias and zero MAD can be accomplished by systematically searching for the best values of the smoothing constants.
◦ For projections of more stable demand patterns without trends, seasonal influences, or cyclical influences, use larger values of n in the simple moving-average approach.
◦ Getting a single forecast of 500 units for the month of July is better than getting a forecast showing a 95 percent chance that demand for July will be between 450 and 550 units.
◦ Bias is always less than MAD.
Operations Management ¦ Krajewski, Ritzman ¦ 7th Edition
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Marked as best answer by MGLQZ on Apr 18, 2020

carolinefletcherr

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Reply #1 on: Apr 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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MGLQZ

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Reply 2 on: Apr 18, 2020
:D TYSM

cdmart10

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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