Forecasting and Demand Management Multiple Choice Questions with Answers – PDF Download

MCQ 1: 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

MCQ 2: 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

MCQ 3: 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

MCQ 4: 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

MCQ 5: 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