ISM Exam CPSM1 Topic 3 Question 81 Discussion

Actual exam question for ISM's CPSM1 exam

Question #: 81
Topic #: 3

The mean of at least two recent periods of demand data is the basis for the nextperiod's demand forecast is the description of which quantitative forecast method?

ANaive forecast

BSimple moving average

CWeighted moving average

DExponential smoothing forecast

Show Suggested Answer

Suggested Answer: D

by Ammie at Feb 08, 2024, 10:52 PM

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Carylon

3 hours ago

Weighted moving average? Sounds like someone's trying to show off their forecasting knowledge. But it's overkill for this exam.

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Jackie

17 days ago

Naive forecast? Really? That's just taking the last period's demand as the forecast. Way too simplistic for this kind of question.

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Golda

22 days ago

Exponential smoothing is a bit more sophisticated, but it's not the right fit for this scenario. The question is looking for a basic quantitative method.

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Audry

2 days ago

A) Naive forecast

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Kris

23 days ago

Hmm, that's interesting. Can you explain why you think that?

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Nettie

27 days ago

The simple moving average is the correct answer here. It's a straightforward technique that uses the mean of recent demand data to forecast the next period.

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Octavio

13 days ago

A) Naive forecast

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Tasia

1 months ago

I disagree, I believe the answer is D) Exponential smoothing forecast.

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Kris

1 months ago

I think the answer is B) Simple moving average.

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