FM015 PART B SET 1
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Professional Development
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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
2. Which of the following are feasible values for the correlation coefficient?
2.
FILL IN THE BLANKS QUESTION
30 sec • 2 pts
3. Freedie, a trader forecasts that its sales in the first month of 2017 will be $700,000 and will then grow at 5% per month for the next three months.It prices its products by adding a mark-up of 25% to its purchase cost. The retailer always carries sufficient inventory to cover the next month's forecast sales.What is the forecast inventory (to the nearest $) at the end of the second month of 2017?
(a)
3.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
4. Profits have been as follows ($ m):
4.
MULTIPLE SELECT QUESTION
30 sec • 2 pts
5. Which TWO of the following could be included in a time series based sales forecast?
5.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
6. In a time-series analysis, the multiplicative model is used to forecast sales and the following seasonal variations apply.
6.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
7. A retailer forecasts the following data for the coming period:
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