MENU
Which of the following calculations is a major component that is used with extrinsic forecasting?
Suggested Answer: D
Get Premium CPIM-BSP Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
28 comments · newest first
MA
Margurite
8 months ago
B) Exponential smoothing makes sense. It adjusts for trends well.
DO
Dominic
8 months ago
I prefer A) Moving average. It's straightforward and reliable.
FI
Filiberto
8 months ago
Wait, I didn’t realize economic indicators were so crucial!
ST
Stevie
8 months ago
I’m not sure about that, seems like B) Exponential smoothing could fit too.
AL
Alethea
8 months ago
C) A seasonal index is also important!
PE
Pearlene
8 months ago
I thought it was A) Moving average.
SO
Solange
9 months ago
Definitely D) An economic indicator!
TI
Tiera
9 months ago
Extrinsic forecasting, huh? Sounds like a fancy way of saying "looking outside the box." I'll go with B on this one.
TA
Tammara
9 months ago
Hmm, I'm torn between B and D. Exponential smoothing and economic indicators both play important roles in extrinsic forecasting.
TW
Twila
9 months ago
Definitely B. Exponential smoothing is a key technique in extrinsic forecasting.
GE
Gerardo
9 months ago
I think the correct answer is D. An economic indicator is a major component used in extrinsic forecasting.
DU
Dustin
9 months ago
Economic indicators seem relevant, but I wonder if they are considered a major component in the context of this question.
AD
Adria
10 months ago
I feel like seasonal indices were part of our discussions, but I can't remember if they were classified as extrinsic or intrinsic.
RY
Ryann
10 months ago
I think it's D) An economic indicator. It really drives forecasts.
FL
Florinda
10 months ago
I remember practicing with exponential smoothing, but I can't recall if it was specifically tied to extrinsic forecasting or not.
EL
Elden
10 months ago
C) A seasonal index is important too, especially for seasonal products.
MA
Malcolm
10 months ago
I'm going with C. A seasonal index is crucial for extrinsic forecasting, especially in industries with seasonal trends.
CO
Corrinne
11 months ago
I think moving averages were mentioned a lot in our study sessions, but I'm not entirely sure if it's the main component for extrinsic forecasting.
AN
Anastacia
11 months ago
I'm a bit confused on the difference between the options here. I know extrinsic forecasting looks at external factors, but I'm not sure which specific calculation would be considered a major component. I'll have to think about this one more.
AN
Annette
11 months ago
I remember learning about extrinsic forecasting in class. I'm pretty sure it involves using economic data and models, so I'm leaning towards D as the best answer.
ME
Meaghan
11 months ago
Okay, let me think this through. Extrinsic forecasting means using outside data, so I'm guessing it's not a moving average or seasonal index since those are more internal calculations. I'll go with D, an economic indicator.
JA
Jannette
11 months ago
Hmm, I'm not totally sure about this one. I know extrinsic forecasting involves looking at external factors, but I'm not confident which specific calculation is a major component.
JI
Jina
12 months ago
I think the answer is B. Exponential smoothing is a key technique used in extrinsic forecasting.
AL
Alyce
6 months ago
But B is definitely a strong choice!
LA
Lavera
6 months ago
C is important for seasonal trends.
KA
Karan
7 months ago
What about D? Economic indicators are crucial too.
LI
Lisha
7 months ago
I think A could also be a contender.
AN
Anastacia
7 months ago
I agree, B seems right.