With regard to a? regression-based forecast

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Reference no: EM132288177

1. Which of the following is not an objective of the purchasing department?

ensuring the best possible service and prompt delivery by the supplier

developing good supplier relations issuing a regular quantity of purchase orders

selecting products that reduce the impact on the environment

obtaining goods and services at the lowest cost

2. Supplier goodwill is necessary because:

the buyer can expect price concessions.

the buyer can expect presents from the vendor.

the buyer and vendor depend on each other for communication and problem solving.

all of the above

none of the above

3. With regard to a? regression-based forecast, the standard error of the estimate gives a measure of:

A. the time required to derive the forecast equation.

B. the maximum error of the forecast.

C. the variability around the regression line.

D. the time period for which the forecast is valid.

4. Return on investment (roi) and the value of health it is commonly only measured in financial savings to a healthcare organization. True of False

5. Which of the following departments is most likely to be familiar with waste products, the legislation governing their handling, and other uses in the company?

Purchasing.

Maintenance.

Engineering.

Direct Customer Sales.

Human Resources

Reference no: EM132288177

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