Exam 2

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1.
Simulation used to evaluate the impact of uncertainty on a decision
2.
Forecasting method were forecast is value from previous period
3.
Forecasting method were forecast is average of specified amount of previous periods
4.
Exponential ______ uses a weighted average of past time series values as a forecast
5.
When Revenue = Cost
6.
Excel tool used to find Break Even Point
7.
function allows the user to pull a subset of data from a larger table of data based on some criterion
8.
Excel function that results in a random number between 0 and 1 being placed into that cell