Forecasting and Demand Management MCQ (Multiple Choice Questions) PDF Download

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

1. intermediate plans
2. long term plans
3. short term plans
4. all of the above

The process of using the present and past conditions for analyzing future aspects is classified as

1. forecasting
2. term analysis
3. expectations analysis
4. all of the above

The representation of real time situation in the form of abstract is classified as

1. staffing models
2. statistical models
3. production models
4. simulation models

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

1. productivity analysis
2. staffing analysis
3. succession analysis
4. profitability analysis

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

1. productivity ratios
2. staffing ratios
3. material ratios
4. profitability ratios