June 2015

1:

Which of the following statements is not true in the context of demand forecasting?

A.

The time frame indicates, how far into the future the demand is forecasted.

B.

A trend is gradual, long-term upward or downward movement of demand.

C.

A trend is intermittent, short term upward or downward movement of demand.

D.

Random variations are movements in demand that do not follow a definite pattern.

 

Answer : C

Explanation :

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Option: A

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