APICS Exam CPIM-MPR 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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Arlean

3 months 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

2 months ago

C) They are useful in aggregate planning.

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Trina

2 months ago

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

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Jani

2 months ago

A) They are examples of intrinsic forecasting techniques.

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Arlene

3 months 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 months ago

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

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Carisa

2 months ago

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

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Rory

2 months ago

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

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Louvenia

2 months ago

User1: I think C is the best choice too.

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Stevie

3 months 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

2 months ago

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

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Carmen

2 months ago

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

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Trevor

3 months 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

3 months ago

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

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Lewis

3 months ago

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

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Renea

3 months 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

2 months 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

2 months 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

2 months ago

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

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Shawna

3 months 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

4 months ago

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

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