Forecasting Techniques · CAPE Management of Business Unit 2

8 past-paper questions on Forecasting Techniques, part of Module 1: Production and Operations Management, from every CAPE Management of Business Unit 2 paper on Quelpr.

1. 1(a)12 marks· CAPE Management of Business Unit 2 · 2006 · Paper 2Identify the FOUR MAIN steps involved in customer surveys and explain how they can be used to establish a forecasting system for the business.
2. 1(b)8 marks· CAPE Management of Business Unit 2 · 2006 · Paper 2Explain TWO strengths and TWO weaknesses of customer surveys compared to least squares regression as methods of forecasting.
3. 1(c)5 marks· CAPE Management of Business Unit 2 · 2006 · Paper 2Recommend and justify a forecasting method to Mr. Knowles.
4. 2(a)12 marks· CAPE Management of Business Unit 2 · 2009 · Paper 2Forecasting serves as the basis for planning. Outline THREE advantages and THREE disadvantages of the Delphi method as a forecasting technique.
5. 1(a)(i)2 marks· CAPE Management of Business Unit 2 · 2016 · Paper 2Define the term 'Forecasting'.
6. 1(a)(ii)2 marks· CAPE Management of Business Unit 2 · 2016 · Paper 2Define the term 'Moving average'.
7. 1(b)9 marks· CAPE Management of Business Unit 2 · 2016 · Paper 2Explain THREE reasons why the sales force composite method may not be giving an accurate picture of consumer buying behaviour.
8. 1(c)12 marks· CAPE Management of Business Unit 2 · 2016 · Paper 2Discuss THREE ways in which Wireless Engineering may benefit from using the consumer survey method of forecasting.