forecasting and demand management

mcqspedia.com has 5 Question/Answers about Topic forecasting and demand management

In forecasting, ratios which are used to calculate indirect labor cost of units produced are considered as

In forecasting, ratios which are used to calculate indirect labor cost of units produced are considered as
  • A. productivity ratios
  • B. staffing ratios
  • C. material ratios
  • D. profitability ratios
  • Correct Answer: Option B

Considering human resource supplies, method which is used to forecast availability of qualified staff for specific positions is classified as

Considering human resource supplies, method which is used to forecast availability of qualified staff for specific positions is classified as
  • A. productivity analysis
  • B. staffing analysis
  • C. succession analysis
  • D. profitability analysis
  • Correct Answer: Option C

Representation of real time situation in form of abstract is classified as

Representation of real time situation in form of abstract is classified as
  • A. staffing models
  • B. statistical models
  • C. production models
  • D. simulation models
  • Correct Answer: Option D

Process of using present and past conditions for analyzing future aspects is classified as

Process of using present and past conditions for analyzing future aspects is classified as
  • A. forecasting
  • B. term analysis
  • C. expectations analysis
  • D. all of above
  • Correct Answer: Option A

Considering forecasting periods, plans that are for tenure of one to five years are classified as

Considering forecasting periods, plans that are for tenure of one to five years are classified as
  • A. intermediate plans
  • B. long term plans
  • C. short term plans
  • D. all of above
  • Correct Answer: Option A