Knowledge quiz

It's time to put what you've learned to the test, get 5 right to pass this unit.

Choose the correct answer.

True

False

Choose the correct answer.

Constant model

Seasonal model

Seasonal trend model

Trend model

Choose the correct answer.

True

False

There are two correct answers.

To calculate safety stock and reorder point

To calculate the lot size

To be converted into purchase orders

To be converted into planned independent requirements

There are two correct answers.

The tracking signal is the quotient of the total error and the number of forecast periods.

The tracking signal is compared to a tracking limit to measure forecast accuracy.

The tracking signal is the quotient of the total error and the mean absolute deviation.

The tracking signal is compared to the mean absolute deviation to track forecast accuracy.

There are two correct answers.

For a single material, when maintaining the master record

As background job for a selection of materials

During the planning run

Automatically, without further action, when the forecast model is chosen