Demand Forecasting Basics — Assessment

1. Why forecast instead of just reacting?

Reacting is always faster For tax Reacting lags real demand by the supplier lead time Forecasting is decorative

2. What does a moving average do?

Raises prices Hides sales Counts stock Smooths random spikes and dips into a baseline

3. What two patterns should a good forecast adjust for?

Colour and size Seasonality and trend Tax and payroll Supplier and branch

4. Forecast was 104/week but actual is 130/week for two months. What does this mean?

You have overstock The forecast runs low and you are stocking out The forecast is perfect Nothing

5. Why check forecast accuracy regularly?

To slow buying It is pointless To raise tax Unchecked forecasts drift into overstock or stockouts

Your details for the certificate

This is the name that will appear on your certificate.

Full name

Email

We email your result to this address with a link to confirm it is yours. If you are signed in, or once you confirm, the administrators of an organisation this email belongs to on AWRA OpsHub can see your attempts and certificate. Your name is as you type it here; only the email is confirmed.

Send me AWRA’s monthly email: new guides, product updates and courses. Unsubscribe anytime.

Graded server-side. No peeking at answers in the page source.