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For a given product demand, the time-series trend equation is 53 - 4x. The negative sign on the ...
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For a given product demand, the time-series trend equation is 53 - 4x. The negative sign on the ...
For a given product demand, the time-series trend equation is 53 - 4x. The negative sign on the slope of the equation:
A) implies that the coefficient of determination will also be negative.
B) is an indication that the forecast is biased, with forecast values lower than actual values.
C) is an indication that product demand is declining.
D) is a mathematical impossibility.
E) implies that the cumulative error will be negative.
Textbook
Operations Management
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10
^{th}
Authors:
Heizer, Render
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Apatix
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I hope they pay you for the awesome work you do around here.
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Adam S.
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TY :)
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