100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Omis 320 Emas Exam 1 Question and answers verified to pass R232,14   Add to cart
Quickly navigate to
Preview
  2.  
  3. OMIS
  4.  
  5. OMIS

Exam (elaborations)

Omis 320 Emas Exam 1 Question and answers verified to pass
 2 views  0 purchase
  • Course
  • OMIS
  • Institution
  • OMIS

Omis 320 Emas Exam 1 Question and answers verified to pass Omis 320 Emas Exam 1 Objectives of Planning and Operations - correct answer Maximize Forecast Accuracy Minimize Inventory without stocking out Qualitative Forecasting Models - correct answer Jury of executive opinion Delphi met...

[Show more]

Preview 1 out of 4  pages

Document information

  • November 5, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • omis 320 emas exam 1
  • omis 320 emas exam 1 question and answers verifie

Written for

  • OMIS
  • OMIS

Seller

avatar-seller
Academia199

Reviews received

Content preview

Omis 320 Emas Exam 1
Objectives of Planning and Operations - correct answer ✔Maximize Forecast
Accuracy
Minimize Inventory without stocking out


Qualitative Forecasting Models - correct answer ✔Jury of executive opinion
Delphi method
Sales force composite
Consumer survey


jury of executive opinion - correct answer ✔senior management develop the
forecast


Delphi Method - correct answer ✔•Internal and external experts are surveyed
during several rounds
•summary of responses is sent out to all the experts & they can modify their
responses in next round
•Good for high-risk technology forecasting; large, expensive projects; or major
new product introductions


Sales Forecast Composite - correct answer ✔knows customers wants and
needs


Customer survery - correct answer ✔questionnaires- response rate including
it into a process ensures results


Quantitative Forecast Models - correct answer ✔Naïve

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Academia199. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R232,14. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75759 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Start selling
R232,14
  • (0)
  Buy now