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Question 51 - Which of the following is not a component of inventory cost? Select Annual...

Question 51 - Which of the following is not a component of inventory cost?

Select Annual demand as your answer

Annual demand

Select Order quantity as your answer

Order quantity

Select Inventory position as your answer

Inventory position

Select Ordering cost as your answer

Ordering cost

Select Overhead cost as your answer

Overhead cost

Question 43 - In a 5-period weighted moving average forecast for period t + 1, which period will have the most weight?

Select Period t -2 as your answer

Period t -2

Select Period t - 4 as your answer

Period t - 4

Select Period t - 3 as your answer

Period t - 3

Select Period t -1 as your answer

Period t -1

Select Period t as your answer

Period t

Question 41 - Which are the two basic types of forecasting?

Select Averaging and regression as your answer

Averaging and regression

Select Time series and naive as your answer

Time series and naive

Select Quantitative and qualitative as your answer

Quantitative and qualitative

Select Subjective and correlated as your answer

Subjective and correlated

Select Causal and reflective as your answer

Causal and reflective

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Answer #1

51. The correct option is Inventory position

43. The correct option is Period t

41. The correct option is Quantitative and Qualitative

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