Which forecast error metric is used to measure forecast error magnitude?

Responsiveness in the 4 R’s of supply chain competition is defined as being able to _________________.

Two major classifications of quantitative forecasting methods are _______ and ________ models.

As alpha is increased in an exponential smoothing model, the forecast becomes more ______.

Economies of scale is defined as a reduction in ________ when volumes are increased.

As gross margin decreases and inventory increases what happens to GMROI? Formula:  Gross Margin/Inventory

This question is part of what S&OP process: “If there were no constraints from the supply side, what could we actually sell?”

Which forecast error metric is used to measure forecast error magnitude?

Responsiveness in the 4 R’s of supply chain competition is defined as being able to _________________.

Two major classifications of quantitative forecasting methods are _______ and ________ models.