Statements is true with regard to causal forecasting

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Reference no: EM132174396

1. A project scope document is:

A. a detailed document identifying the goals, scope and strategy for the proposed project.

B. a one-paragraph statement about the scope of the proposed project.

C. a document that outlines the project's strategy, the responsibilities of project team members, and the assessment measures that will determine the rate of success.

D. a document that identifies the parameters or boundaries of the proposed system and how it fits into existing systems.

2. A layout in which workstations are grouped based on the operations needed to perform work on a set of similar items, or part families, is a(n):

A. continuous flow.

B. job shop.

C. assembly line.

D. nonrepetitive process.

E. cellular layout.

3. Which of the following statements is true with regard to causal forecasting?

Causal forecasting requires non-linear relationships in the data.

Exponential smoothing is commonly used for causal forecasting.

Causal forecasting should only be used if other methods are inaccurate.

Causal forecasting generates a forecast of the dependent variable.

None of the above

Reference no: EM132174396

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