Forecast that reflect very little happenstance fluctuation in the

Uncategorized

Question 1

Forecast that reflect very little happenstance fluctuation in the past data are said to exhibit

[removed]	1.	Seasonal effects
[removed]	2.	noise dampening response
[removed]	3.	impulse response
[removed]	4.	all of the above
[removed]	5.	none of the above

5 points

Question 2

A Winter’s forecasting model that has zero values for the beta and gamma constants exhibit what type of behavior

[removed]	1.	A simple exponential smoothing model
[removed]	2.	Impulse response
[removed]	3.	Noise dampening
[removed]	4.	all of the above
[removed]	5.	none of the above

5 points

Question 3

In measuring forecast accuracy, the average of the absolute difference between the forecast and the actual demand is called

[removed]	1.	alpha
[removed]	2.	E-bar
[removed]	3.	MAD
[removed]	4.	all of the above
[removed]	5.	none of the above

5 points

Question 4

Choice the best type of forecasting methods for the type of data indicated


	trend data that fits in a straight line

	short range forecast with no trends or seasonal effects

	random data with no seasonal effects or trends

	random data that illustrates a trend or seasonal pattern

random data with a trend or no seasonal effect

A.	Exponential Smoothing
B.	Winter’s Method
C.	Holt’s Method
D.	Linear Regression
E.	Moving Average

20 points

Question 5

In order to establish a forecast method that exhibits impulse response;

[removed]	1.	an exponential smoothing forecast method should be used
[removed]	2.	the data must be linear
[removed]	3.	The alpha coefficient should be set close to 1 for exponential smoothing
[removed]	4.	The alpha coefficient should be set close to 0 for exponential smoothing
[removed]	5.	None of the above

5 points

Question 6

Refer to the data in table 1 posted in the discussion folder. Using the data, what is the forecast for November if a three month moving average model is used?

[removed]	1.	49.25
[removed]	2.	50.67
[removed]	3.	53.00
[removed]	4.	none of the above

5 points

Question 7

Refer to the data in table 1 posted in the discussion folder. Using the data, which month has a demand forecast equal to 55 for a 3 month moving average approach

[removed]	1.	April
[removed]	2.	June
[removed]	3.	August
[removed]	4.	October
[removed]	5.	None of the above

5 points

Question 8

Refer to the data in table 1 posted in the discussion folder. Using the data, what is the November forecast if exponential smoothing is used with an alpha value = .1

[removed]	1.	47.9
[removed]	2.	53.2
[removed]	3.	40.8
[removed]	4.	51.6

5 points

Question 9

Refer to the data, table 1, from the discussion folder. Using this data, what is the forecast error % for an exponential smoothing model with a alpha of .6

[removed]	1.	10%
[removed]	2.	12%
[removed]	3.	14%
[removed]	4.	16%
[removed]	5.	18%

5 points

Question 10

Forecasting models are an integral part of business planning that requies input from

[removed]	1.	marketing
[removed]	2.	demand estimates
[removed]	3.	sales forecast
[removed]	4.	all of the above
[removed]	5.	none of the above

5 points

Question 11

The alpha coefficient in exponential smothing

[removed]	1.	is set equal to the actual value in period 1
[removed]	2.	varies over a time series of data
[removed]	3.	is a value between 0 and 1
[removed]	4.	all of the above
[removed]	5.	none of the above

5 points

Question 12

Quarterly data which reflect an increase every fourth quarter followed by a decrease every first quarter are said to be

[removed]	1.	seasonal
[removed]	2.	cyclical
[removed]	3.	periodical
[removed]	4.	abnormal
[removed]	5.	following a trend

5 points

Question 13

To deseasonalize time series data

[removed]	1.	divide each actual value by the trend line intercept
[removed]	2.	divide each actual value by its seasonal index factor
[removed]	3.	divide each actual value by total forecast error
[removed]	4.	divide each actual value by the alpha coefficient

5 points

Question 14

A linear trend for 12 months of data is y = 339.02 + 23.96x. What is the forecast for the next quarter (January, Feruary and March)?

[removed]	1.	1160.82
[removed]	2.	1807.74
[removed]	3.	2023.38
[removed]	4.	3641.59

5 points

Question 15

Refer to the data in table 1 posted in the discussion folder. Using the data, what is the MAD for an exponential smoothing model with alpha = .1

[removed]	1.	6.2
[removed]	2.	7.7
[removed]	3.	8.3
[removed]	4.	8.8

5 points

Question 16

The delphi method of forecasting is

[removed]	1.	time series method for detecting seasonality
[removed]	2.	variation of exponential smoothing method
[removed]	3.	multiple regression method
[removed]	4.	qualitative method which solicits from experts
[removed]	5.	qualitative method for researching similar to data

5 points

Question 17

The ideal value of MAD is

[removed]	1.	0
[removed]	2.	100
[removed]	3.	10
[removed]	4.	none of the above

5 points

Click Save and Submit to save and submit. Click Save All Answers to save all answers.

Continue to order Get a quote

July 1, 2023

121.In the context of the 1997 Asian crisis, how did the International Monetary Fund's “one-size-fits-all” approach to macroeconomic policy affect South Korea?

A. It led to a decrease in the interest rates of short-term loans.

B. It made it difficult for companies to service their excessive short-term debt obligations.

C. It decreased the probability of widespread corporate defaults.

D. South Korea failed to recover from its financial crises.

E. South Korea was forced to increase restrictions on foreign direct investment.

122._____ arises when people behave recklessly because they know they will be saved if things go wrong.

A. Systemic risk

B. Moral hazard

C. Ethical dilemma

D. Tragedy of the commons

E. Risk compensation

123.Jade, a working professional, began driving rashly ever since she got her car insured against damage. She believed that the insurance claim would cover her in case of any accidents. Jade’s behavior is due to a situation known as _____.

A. cognitive dissonance

B. conflict of interest

C. systemic risk

D. moral hazard

E. tragedy of the commons

124.The International Monetary Fund been criticized for:

A. its lack of “one-size-fits-all” approach to macroeconomic policy.

B. encouraging moral hazard among banks.

C. its lack of power and authority.

D. using external experts to gain knowledge about a country.

E. keeping its operations open to outside scrutiny.

125.According to the critics of the International Monetary Fund (IMF), how should the problem of moral hazard exhibited by banks be resolved?

A. The IMF should use a “one-size-fits-all” approach to macroeconomic policy.

B. The IMF should establish a mechanism for accountability.

C. The IMF should free all banks from the obligation of financial reporting.

D. The banks should be forced to pay the price for their rash lending policies.

E. The IMF should bail out the banks whose loans gave rise to financial crises.

126.According to the noted economist Jeffrey Sachs, the International Monetary Fund should:

A. not be accountable to anyone as it is a powerful institution.

B. bail out the banks that have rash lending policies.

C. have a “one-size-fits-all” approach to macroeconomic policy.

D. keep its operations open to greater outside scrutiny.

E. lend only to countries with safe credit ratings.

127.The International Monetary Fund programs have been counterproductive, or only had limited success in _____.

A. Turkey

B. Iceland

C. Greece

D. Ireland

E. Latvia

128.In response to the global financial crisis of 2008–2009, the International Monetary Fund began to:

A. exercise tight controls on fiscal policy of the borrowing countries.

B. encourage activities that resulted in high inflation rates.

C. display inflexibility in policy responses.

D. urge countries to adopt policies that included fiscal stimulus and monetary easing.

E. adopt a “one-size-fits-all” approach to macroeconomic policy.

129.Which of the following observations about the International Monetary Fund (IMF) is true?

A. The IMF can force countries to adopt the policies required to correct economic mismanagement.

B. Internal political problems can affect a government's commitment to taking corrective action in return for an IMF loan.

C. In recent years, the IMF has begun to make its policies more tight and inflexible.

D. In response to the global financial crisis of 2008–2009, the IMF began to adopt a “one-size-fits-all” approach to macroeconomic policy.

E. In recent years, the IMF has begun to urge countries to oppose fiscal stimulus and monetary easing.

130.Which of the following poses a problem for international businesses in the long run?

A. Using exchange rate instruments like the forward market and swaps

B. Volatility of global exchange rate regime

C. Anti-inflationary monetary policies

D. Maintaining strategic flexibility by dispersing production to different locations

E. A policy of reduction in government spending