The multiplicative form of the systematic component of demand is shown as
Understand the Problem
The question is asking for the correct representation of the multiplicative form of the systematic component of demand in a list of provided options, which involves elements like level, trend, and seasonal factor.
Answer
level × trend × seasonal factor.
The final answer is level × trend × seasonal factor.
Answer for screen readers
The final answer is level × trend × seasonal factor.
More Information
The multiplicative form is widely used in time series forecasting and captures how seasonality, trend, and level interact multiplicatively.
Tips
A common mistake is confusing multiplicative with additive forms. It’s important to remember that in multiplicative forms, components multiply together.
Sources
- The multiplicative form of the systematic component - Chegg - chegg.com
- Ch7 - Chapter Quiz - Studocu - studocu.com
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