1. A sports equipment retailer needs to forecast sales by product classes one to two years out. Which forecasting model is most appropriate?
A. Moving average model.
B. Weighted moving average model.
C. Informed judgment.
D. Econometric model.
2. The cost of developing and conducting a training program for employees to help them manage the quality of their work best fits with
A. internal failure cost.
B. external failure cost.
C. appraisal cost.
D. prevention cost.