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All of the following are key areas of forecasting except 1. Better materials management 2. Rationalized manpower decisions 3. Basis for planning and scheduling 4. Routine decisions
Weegy: All of the following are key areas of forecasting except - 4. Routine decisions. (More)
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Asked 186 days ago|10/19/2013 4:21:08 AM
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All of the following are functions of forecasting except 1. An estimation tool 2. A tool for predicting events related to operations planning and control 3. An input for the JIT system 4. A vital prerequisite for the planning process
Weegy: The function which is not that of forecasting is 3. An input for the JIT system (More)
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Asked 186 days ago|10/19/2013 4:12:31 AM
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If a forecast repeatedly overestimates actual demand, bias will have 1. Positive value 2. Negative value 3. Zero value 4. Infinity
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Updated 186 days ago|10/19/2013 5:45:36 AM
1 Answer/Comment

If a forecast repeatedly overestimates actual demand, bias will have POSITIVE VALUE.

Added 186 days ago|10/19/2013 5:45:36 AM
The planning that addresses the supply side of a firm’s ability to meet the demand is known as 1. Business plan 2. Aggregate production planning 3. Aggregate capacity planning 4. Master production scheduling
Weegy: The planning that addresses the supply side of a firm’s ability to meet the demand is known as 3. Aggregate capacity planning. (More)
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Asked 186 days ago|10/19/2013 5:16:25 AM
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Which of the following is not a considerations in developing an aggregate production plan 1. concept of aggregation 2. Goal for aggregate planning 3. Forecast of aggregate demand 4. Supplier lead time
Weegy: 1. concept of aggregation is not a considerations in developing an aggregate production plan. (More)
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Asked 186 days ago|10/19/2013 5:21:22 AM
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