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APICS CPIM-MPR Exam - Topic 1 Question 84 Discussion

Actual exam question for APICS's CPIM-MPR exam

Question #: 84
Topic #: 1

[All CPIM-MPR Questions]

Which of the following statements about both econometric models and market research is true?

AThey are examples of intrinsic forecasting techniques.

BThey are useful in forecasting at the stockkeeping unit level.

CThey are useful in aggregate planning.

DThey can be used in place of adaptive smoothing.

Show Suggested Answer

Suggested Answer: B

by Delisa at Apr 09, 2024, 09:59 AM

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Rosalind

9 months ago

Totally agree with B, it’s all about the details!

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Serina

9 months ago

C is definitely true for aggregate planning.

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Rasheeda

9 months ago

Really? Can they replace adaptive smoothing?

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Cristy

10 months ago

I think B is spot on!

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Latia

10 months ago

They are both great for forecasting!

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Ashlyn

10 months ago

I vaguely recall that adaptive smoothing is a different technique, so maybe option D isn't right? It feels like we covered that in class.

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Ardella

10 months ago

I feel like option B could be correct since both models can provide insights at a detailed level, but I need to double-check that.

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Ronald

10 months ago

I'm not entirely sure, but I remember something about intrinsic vs. extrinsic forecasting techniques. Wasn't that a key point in one of our practice questions?

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Elouise

11 months ago

I think option C sounds familiar because we discussed how both models help in aggregate planning during our review sessions.

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Merri

11 months ago

I'm pretty confident I know the answer to this one. Econometric models and market research are both useful for aggregate planning, so I'll go with option C.

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Rolland

11 months ago

Okay, I've got a strategy. I'll go through each answer choice and evaluate whether it applies to both econometric models and market research. That should help me narrow it down.

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Lillian

11 months ago

Hmm, I'm a bit confused on the distinction between intrinsic and extrinsic forecasting techniques. I'll have to review my notes to make sure I understand that before I can answer this.

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Desire

11 months ago

This is a tricky one. I'll need to think carefully about the differences between econometric models and market research to figure out which statement is true for both.

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Gertude

11 months ago

Okay, I think I've got this. The key is to identify the VMware Cloud service that provides cost estimation capabilities. Based on the question, I believe the answer is VMware vRealize Operations Cloud.

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Val

11 months ago

I'm pretty confident that private keys are used to sign transactions and derive addresses. That seems like the key purpose of private keys in cryptography.

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Alethea

11 months ago

This seems like a straightforward identity and access management question. I'll need to carefully consider the requirements around existing student logins, security, and the integration between the university's systems and Salesforce.

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Pa

11 months ago

I remember there being a question similar to this in our practice quizzes, and I think it mentioned the Joint Commission. But I could be mixing it up.

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Arlean

1 year ago

Econometric models and market research? More like econometric nightmares and market madness! I'll take a wild guess and say C, just to get this over with.

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Lasandra

1 year ago

C) They are useful in aggregate planning.

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Trina

1 year ago

B) They are useful in forecasting at the stockkeeping unit level.

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Jani

1 year ago

A) They are examples of intrinsic forecasting techniques.

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Arlene

1 year ago

This question is making my head spin! I'll just go with C and hope for the best. At least it sounds more plausible than the other choices.

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Verdell

1 year ago

User1: Let's go with C then, sounds like the most logical answer.

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Carisa

1 year ago

User3: I agree, it's a safer bet than the other options.

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Rory

1 year ago

User2: Yeah, using econometric models and market research for aggregate planning makes sense.

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Louvenia

1 year ago

User1: I think C is the best choice too.

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Stevie

1 year ago

Hmm, I'm not sure about these options. Econometric models and market research seem more complex than intrinsic forecasting techniques. Maybe B is the best answer?

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Lashunda

1 year ago

I agree, using econometric models and market research for that level of forecasting seems appropriate.

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Carmen

1 year ago

I think B is a good choice. It makes sense for forecasting at the stockkeeping unit level.

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Trevor

1 year ago

I'm not sure about that, I think the answer might be D) They can be used in place of adaptive smoothing.

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Barrett

1 year ago

D sounds like it could be right. Wouldn't using them in place of adaptive smoothing make sense?

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Lewis

1 year ago

I agree with Loreta, econometric models and market research are definitely useful in aggregate planning.

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Renea

1 year ago

I think the correct answer is C. Econometric models and market research are useful in aggregate planning, not at the stockkeeping unit level.

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James

1 year ago

I agree with both of you. Option C is the correct statement about both econometric models and market research.

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Nada

1 year ago

I believe option C is the correct answer as well. Econometric models and market research are definitely helpful in aggregate planning.

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Odette

1 year ago

Yes, you are right. They are indeed useful in aggregate planning.

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Shawna

1 year ago

I think the correct answer is C. Econometric models and market research are useful in aggregate planning, not at the stockkeeping unit level.

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Loreta

1 year ago

I think the answer is C) They are useful in aggregate planning.

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