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5/22/23, 9:50 AM B-BSBA002 BOM22/BOM23 2nd Sem ( 2022-2023 ) - https://dlsud.edu20.

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B-BSBA002 BOM22/BOM23 2nd Sem ( 2022-2023 )


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Question 1
Quantitative forecasting methods do not require that patterns from the past will necessarily continue in the future.

Response: True

Question 2
A qualitative forecasting method that obtains forecasts through "group consensus" is known as the

Response: Delphi approach

Question 3
Time series methods

Response: All of the alternatives are true.

Question 4

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5/22/23, 9:50 AM B-BSBA002 BOM22/BOM23 2nd Sem ( 2022-2023 ) - https://dlsud.edu20.org/student_take_quiz_assignment/start/38417738
The forecasting method that is appropriate when the time series has no significant trend, cyclical, or seasonal effect is

Response: moving averages

Question 5
Causal models

Response: attempt to explain a time series’ behavior.

Question 6
Forecast errors

Response: are the differences between actual and forecast values

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