demand forecast

The creation across the supply chain and its markets of a coordinated flow of demand is the definition of ___.

• order cycle

• order management

• demand management

• supply chain management

___refers to finished goods that are produced prior to receiving a customer order.

• Make-to-stock

• Supply management

• Make-to-order

• Speculation

___refers to finished goods that are produced after receiving a customer order.

• Make-to-stock

• Supply management

• Make-to-order

• Postponement

Which of the following is not a basic type of demand forecasting model?

• exponential smoothing

• cause and effect

• judgmental

• time series

Surveys and analog techniques are examples of ___________ forecasting.

• cause and effect

• time series

• exponential smoothing

• judgmental

An underlying assumption of ___ forecasting is that future demand is dependent on past demand.

• trial and error

• time series

• judgmental

• cause and effect

Which forecasting technique assumes that one or more factors are related to demand and that this relationship can be used to estimate future demand?

• exponential smoothing

• judgmental

• cause and effect

• time series

Which forecasting technique tends to be appropriate when there is little or no historical data?

• exponential smoothing

• judgmental

• time series

• cause and effect

___ suggests that supply chain partners will be working from a collectively agreed- to single demand forecast number as opposed to each member working off its own demand forecast projection.

• Supply chain orientation

• Collaborative planning, forecasting, and replenishment (CPFR) concept

• Order management

• Supply chain analytics

___ refers to the management of various activities associated with the order cycle.

• Logistics

• Order processing

• Demand management

• Order management