WGU D351 Final Exam with Questions and Answers

WGU D351 Final Exam with Questions and Answers When should time series analysis be used to forecast demand? ANSWER When past data is used to forecast demand What are the two judgmental techniques with supply methods? ANSWER Succession planning Replacement planning You have a process for identifying and developing internal people with the potential to fill key business leadership positions. Which supply method is being described? ANSWER Succession planning key words: long-term, developmental and flexible When should linear regression analysis be used to forecast demand. ANSWER When there is only one variable being used to determine. When should multiple linear regression be used to forecast demand? ANSWER When more than one variable is used to determine labor demand What are the two types of action programs? ANSWER Attraction & Reduction (redundancy)