Free CPSM Exam Braindumps

To find a mathematical formula that will approximately generate the historical demand patterns in a time series is the goal of:

  1. Box-Jenkins method
  2. Statistical analysis method
  3. Arithmetical model
  4. Numerical smoothing analysis

Answer(s): A



The goal of method is to find one or more independent variables that are good predictors of the dependent variable.

  1. Least squares regression
  2. Casual modeling
  3. Payoff regression
  4. Associative modeling

Answer(s): A



Seasonality can be forecast using a multiplicative model to create a seasonal index.

  1. True
  2. False

Answer(s): A



Forecasters also estimate bias by using a , which is a ratio of the running sum of forecast errors to the cumulative Mean Absolute Deviation (MAD).

  1. Key pointer
  2. Single period method
  3. Tracking signal
  4. Mean square error method

Answer(s): C






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Vicky commented on July 14, 2024
Very nice question designed for practice.
Anonymous
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