APICS Exam CPIM-MPR Topic 1 Question 84 Discussion

Actual exam question for APICS's Certified in Production and Inventory Management - Master Planning of Resources exam

Question #: 84
Topic #: 1

[All Certified in Production and Inventory Management - Master Planning of Resources Questions]

A forecasting method that responds slowly to changes in demand would be most appropriate when the historical demand pattern shows a major:

Aseasonal component.

Brandom component.

Ctrend component.

Dcyclical component.

Show Suggested Answer

Suggested Answer: B

by Delisa at Apr 09, 2024, 09:59 AM

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Dalene

2 days ago

I think the answer is A) seasonal component.

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I'm not too sure about this one either. I mean, isn't the whole point of forecasting to, you know, actually predict what's going to happen? If the forecasting method is slow to respond, that kind of defeats the purpose, doesn't it? It's like trying to predict the weather a year in advance - by the time it actually happens, it's probably going to be completely different.

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Alida

26 days ago

Ha! Driving a car with the brakes on, that's a good one. But seriously, I think I agree with Rosann. If the demand pattern has a major trend component, then a slow-responding method might be better at capturing that overall direction, rather than getting distracted by the random noise or seasonal fluctuations.

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Mitzie

27 days ago

I don't know, man. I'm kind of torn between B and D. I mean, if the demand pattern is mostly random or cyclical, then a slow-responding forecasting method might just be missing out on a lot of important information, you know? It's like trying to drive a car with the brakes on.

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Rosann

28 days ago

I'm leaning towards option C, the trend component. I mean, if the historical demand pattern shows a major trend, then a forecasting method that responds slowly might be better suited to capturing that trend, right? It's kind of like trying to predict the weather - if there's a clear pattern, you don't necessarily need to react to every little fluctuation.

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Aleisha

1 months ago

Yeah, I agree. This seems like a pretty theoretical question. I mean, in the real world, we probably want a forecasting method that can adapt quickly to changes in demand, right? Otherwise, we might be making some really bad business decisions.

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Ty

1 months ago

Hmm, I'm not sure about this one. The question is a bit tricky, don't you think? I mean, what exactly is a 'forecasting method that responds slowly to changes in demand'? Sounds like it might be a bit outdated, don't you think?

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APICS Exam CPIM-MPR Topic 1 Question 84 Discussion

Contribute your Thoughts:

Dalene

Tatum

Alida

Mitzie

Rosann

Aleisha

Ty