**Correct Answer:
Optimal production quantity **

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Multi-echelon inventory system **

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Activity-based costing **

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Single-echelon inventory system **

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Stock-out cost **

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**Correct Answer:
Takt time **

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**Correct Answer:
Time series **

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**Correct Answer:
Order-fulfillment lead time **

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**Correct Answer:
Setup cost **

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**Correct Answer:
Decoupling **

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Safety stock **

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Bullwhip effect **

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Disintermediation **

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Purchase costs **

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**Correct Answer:
Hedge inventory **

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Anticipation inventory **

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**Correct Answer:
Cycle counting **

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**Correct Answer:
Ordering costs **

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**Correct Answer:
Linear trend **

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**Correct Answer:
Coefficient of determination **

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Damped trend **

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**Correct Answer:
Expert opinion **

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**Correct Answer:
Mean squared error **

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Delphi method **

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Independent variable **

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Naïve approach **

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Nonlinear trend **

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Independent demand **

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**Correct Answer:
Regression sum of squares **

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**Correct Answer:
Dependent demand **

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**Correct Answer:
Moving average **

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Historical life-cycle analogy **

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**Correct Answer:
Short-term time series **

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Trend factor **

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**Correct Answer:
Trend **

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**Correct Answer:
Total sum of squares **

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Time series **

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**Correct Answer:
True **

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**Correct Answer:
Simple average method **

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During the year **

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**Correct Answer:
Regression sum of squares **

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**Correct Answer:
True **

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**Correct Answer:
Qualitative method **

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**Correct Answer:
Nonlinear trend **

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**Correct Answer:
Naïve approach **

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**Correct Answer:
Seasonal components **

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**Correct Answer:
Several independent variables **

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**Correct Answer:
True **

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**Correct Answer:
Sum of the squared differences **

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**Correct Answer:
True **

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**Correct Answer:
Mean absolute percentage error **

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**Correct Answer:
Mean Absolute Deviation **

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**Correct Answer:
Linear trend multiplicative method **

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**Correct Answer:
Either increases or decreases **

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**Correct Answer:
Dependent variable and one or more independent variables **

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**Correct Answer:
Draw the line of best fit in linear regression **

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Leading indicators **

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**Correct Answer:
Uncommon factors **

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**Correct Answer:
Independent variable **

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**Correct Answer:
Independent demand **

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**Correct Answer:
Historical life-cycle analogy **

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**Correct Answer:
Exponential smoothing **

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**Correct Answer:
Exponential growth **

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Expert opinion **

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**Correct Answer:
A measure of the variation not explained by the regression model but resulting from other factors or variables **

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**Correct Answer:
True **

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**Correct Answer:
Dependent demand **

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**Correct Answer:
Delphi method **

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**Correct Answer:
Increases initially **

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**Correct Answer:
Cyclical variations **

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**Correct Answer:
Cumulative sum error **

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**Correct Answer:
–∞ & +∞–1 & +1 **

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**Correct Answer:
The proportion of variation explained by regression **

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**Correct Answer:
Centered moving average method **

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**Correct Answer:
Additive model **

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