The _______ method uses demand in the first period to forecast demand in the next period.
a) naïve
b) moving average
c) exponential smoothing.
d) linear trend

Answers

Answer 1

The correct answer is a) naïve method. The naïve method, also known as the "no-change" or "last-value" method, uses the demand in the current period as the forecast for the next period.

It assumes that future demand will be equal to the most recent observed demand. This method is simple and easy to implement, making it a popular choice for short-term forecasting when there are no significant trends, seasonality, or other patterns in the data. However, it may not be suitable for forecasting scenarios where demand is influenced by various factors or exhibits significant fluctuations. Other methods like moving average, exponential smoothing, and linear trend take into account additional factors and provide more sophisticated forecasts.

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Related Questions

can we talk about how we were all rooting for a teacher to keep dating a high schooler in pretty little liars

Answers

The relationship you are referring to is between Aria Montgomery, a high school student, and Ezra Fitz, her English teacher. While their relationship is a central plot point in the show, it is important to distinguish between fictional narratives and real-life norms and values.

In reality, it is generally considered unethical and illegal for teachers to engage in romantic relationships with their students, particularly when there is a significant age difference. Such relationships can lead to power imbalances and potential harm to the student.

It is crucial to prioritize the safety and well-being of students, both in fictional narratives and in real life. If you have any concerns or questions about relationships or appropriate behavior, it is advisable to seek guidance from trusted adults or professionals.

Remember, the portrayal of certain situations in media does not necessarily reflect what is acceptable or appropriate in real life.

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according to weber, this is an ongoing process in which social interaction and institutions become increasingly governed by methodical procedures and calculable rules.

Answers

According to Weber, the ongoing process described is the rationalization of social interaction and institutions.

It involves the increasing dominance of methodical procedures and calculable rules in governing various aspects of society. Rationalization refers to the transformation of social structures and behaviors from traditional and value-based systems to ones based on efficiency, predictability, and instrumental rationality. This process is driven by the application of systematic and logical thinking, where decisions and actions are guided by instrumental reasoning and the pursuit of predetermined goals.

Weber saw rationalization as a key characteristic of modernity and an influential force shaping social life and institutions.

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