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SCM308 CH7

Authored by Aysha Alkhateeb

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University

Used 2+ times

SCM308 CH7
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

………………………….. is the prediction of the possible demand for a good or a service by considering past events and trends of similar events.

Demand Risk

Demand forecasting

Demand Trends

Demand Competition

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

…………………………..allows businesses to expect changes in the market and take precautionary measures if necessary.

Risk pooling

Insourcing

Demand Forecasting

Outsourcing

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The more accurate the demand forecasting is, the more effective business planning decisions become.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By determining demand for certain services and sales, businesses will not be able to provide these services and goods to customers in a manner that will satisfy them.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following are the conventional techniques used to forecast demand.

Perfect method, accurate method

Opinion Polling Method, Statistical Method

Supply forecast method, demand forecast method.

Supply method, demand method

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Framework for Demand Prediction of Location-Dependent Service consists of two models:

The physical model and the logical model.

The logical model and the illogical model.

The physical model and the chemical model.

The perfect model and the technical model.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The -------------------- is used when all the data is collected from the different sources and linked with each other to create a large database, which will be used to predict the demand.

The physical model.

The logical model.

The chemical model.

The technical model.

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