{"id":1923,"date":"2014-12-18T02:37:16","date_gmt":"2014-12-18T02:37:16","guid":{"rendered":"http:\/\/examreview.net\/wp\/?p=1923"},"modified":"2019-07-28T09:31:49","modified_gmt":"2019-07-28T09:31:49","slug":"cpf-all-in-one-examfocus-study-notes-review-questions-2015","status":"publish","type":"post","link":"https:\/\/examreview.net\/wp\/?p=1923","title":{"rendered":"CPF All-in-one ExamFOCUS Study Notes &#038; Review Questions 2015"},"content":{"rendered":"<p><strong>CPF Certified Professional Forecaster Exams All-in-one ExamFOCUS Study Notes &amp; Review Questions 2015 <\/strong><br \/>\n<strong>Covering module 1, 2 &amp; 3<\/strong><\/p>\n<p>The CBF exams target those who work on the supply side. Topics are relevant to supply chain forecasting so you must know SCM (supply chain management) inside and out in addition to understanding the various business forecast techniques. To pass the CBF exams, I suggest that you do lots of readings \u2013 readings that are about the current industry trend, the best practices, case analysis or even commercials. Know what is happening in the supply world. Know how good or bad different forecast techniques are. From these readings you should be able to build up the \u201cbusiness sense\u201d you need for passing the exams.<\/p>\n<p>There are 3 exams in the CPF program. They are:<\/p>\n<p>Exam 1<br \/>\n&#8211; Role of Forecasting &amp; Planning in Decision Making<br \/>\n&#8211; Demand Planning (Demand Sensing, Shaping, &amp; Creating)<br \/>\n&#8211; Forecasting &amp; Planning Process<br \/>\n&#8211; Consumption (POS Data) Based Forecasting &amp; Planning<br \/>\n&#8211; Consensus Forecasting &amp; Planning<br \/>\n&#8211; Sales &amp; Operations Planning (S&amp;OP) Process<br \/>\n&#8211; Collaborative, Planning, Forecasting, &amp; Replenishment (CPFR)<\/p>\n<p>Exam 2<br \/>\n&#8211; Data Analysis &amp; Treatment<br \/>\n&#8211; Fundamentals of Models &amp; Modeling<br \/>\n&#8211; Types of Models<br \/>\n&#8211; Time Series Models<br \/>\n&#8211; Model Selection<br \/>\n&#8211; Metrics: Measuring Forecast Error and Performance<\/p>\n<p>Exam 3<br \/>\n&#8211; Forecast Reporting &amp; Presentation<br \/>\n&#8211; Forecast Communication<br \/>\n&#8211; Winning Support and Confidence of Management<br \/>\n&#8211; Getting Buy-in from Stakeholders<\/p>\n<p>Instead of following the \u201cofficial\u201d topic flow, this book is structured into parts. The first part deals with knowledge on supply chain. The other parts deal with all sorts of business forecasting techniques and methods. Think of part 1 as the foundation knowledge you need to prepare for the exams.<\/p>\n<p>The 3 exams have topics that are inter-related. We therefore like to recommend that you study all of them together instead of studying on a per-exam basis. Get yourself fully prepared on ALL topics prior to sitting any single exam. Do not attempt to take the exams unless you have hands-on skills making forecasts. This study notes provide study material for exam preparation. However, this is not intended to be used as a tutorial on statistics or forecasting techniques. You should go through sufficient hands on exercises before using this study notes.<\/p>\n<p>A competent test taker will always use multiple resources for preparation. There are other readings you will find helpful in learning the subjects. Topics not listed in the official subject list may still show up in the exams for purpose of distraction. Therefore, do as many readings as possible.<\/p>\n<p><a href=\"http:\/\/examreview.net\/wp\/?page_id=2940\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3054\" src=\"http:\/\/examreview.net\/wp\/wp-content\/uploads\/2018\/05\/olulu.png\" alt=\"\" width=\"268\" height=\"49\" \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/a><a href=\"http:\/\/examreview.net\/wp\/?page_id=3023\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3055\" src=\"http:\/\/examreview.net\/wp\/wp-content\/uploads\/2018\/05\/oama.png\" alt=\"\" width=\"305\" height=\"46\" srcset=\"https:\/\/examreview.net\/wp\/wp-content\/uploads\/2018\/05\/oama.png 305w, https:\/\/examreview.net\/wp\/wp-content\/uploads\/2018\/05\/oama-300x45.png 300w\" sizes=\"(max-width: 305px) 100vw, 305px\" \/><\/a><\/p>\n<p>INTELLECTUAL PROPERTIES, TRADEMARKS AND COPYRIGHTS 1<br \/>\nCONTENTS UPDATE 2<br \/>\nPAGE FORMATTING AND TYPEFACE 2<br \/>\nEXAM TOPICS COVERED IN THIS BOOK 2<br \/>\nQUICK REVIEW QUESTIONS AND ANSWERS SET 1 7<br \/>\nQUICK REVIEW QUESTIONS AND ANSWERS SET 2 11<br \/>\nSCM 16<br \/>\nOVERVIEW 16<br \/>\nBASIC STRATEGIC PLANNING 18<br \/>\nLEVELS OF STRATEGY FORMULATION 19<br \/>\nTYPES OF ENTERPRISE 20<br \/>\nE- SUPPLY CHAIN AND E-SCM 20<br \/>\nSUPPLY CHAIN DECISIONS, MODELS AND METHODS 21<br \/>\nSUPPLY CHAIN MODELING AND INTEGRATION 22<br \/>\nSCOR 22<br \/>\nSUPPLY CHAIN DESIGN 23<br \/>\nSUPPLY CHAIN REENGINEERING AND COLLABORATION 24<br \/>\nSUPPLY CHAIN VISIBILITY, INTELLIGENCE, EVENT MANAGEMENT AND CHANNEL MANAGEMENT 26<br \/>\nSUPPLY CHAIN ORGANIZATIONAL DYNAMICS 26<br \/>\nSUPPLY CHAIN METRICS 27<br \/>\nCPFR 29<br \/>\nSUPPLY CHAIN CONFLICTS RESOLUTION AND ADR 30<br \/>\nSUPPLY CHAIN CSR AND ETHICS 31<br \/>\nGREEN SUPPLY CHAIN 33<br \/>\nENVIRONMENTALLY RESPONSIBLE PROCUREMENT 33<br \/>\nBOM 34<br \/>\nPRODUCT DESIGN DOCUMENTS 37<br \/>\nSKU 38<br \/>\nEOQ 38<br \/>\nSWOT, MBO AND MBE 44<br \/>\nMRP AND MRP 2 45<br \/>\nERP 46<br \/>\nOVERVIEW OF S&amp;OP 47<br \/>\nS&amp;OP STAGES AND COMPONENTS 48<br \/>\nEFFECTIVE S&amp;OP 49<br \/>\nCAPACITY MANAGEMENT 51<br \/>\nCP, CRP AND CPFR 52<br \/>\nRATED CAPACITY 53<br \/>\nCAPACITY CONTROL 54<br \/>\nKAIZEN 54<br \/>\nBSC 55<br \/>\nVCA 55<br \/>\nCOST BEHAVIOR 56<br \/>\nPERFORMANCE MEASUREMENT, ROI AND BENCHMARKING 58<br \/>\nOVERVIEW OF IT AND SCM 59<br \/>\nDATA MINING 60<br \/>\nDATAWAREHOUSING 61<br \/>\nINTERNET, EDI, XML, PORTAL AND E-BUSINESS 62<br \/>\nTECHNOLOGIES FOR SEARCH AND OPTIMIZATION 63<br \/>\nCOLLABORATION AND COMMUNICATION 64<br \/>\nTHE CONCEPT OF VIRTUAL VALUE CHAIN 65<br \/>\nDEMAND PLANNING AND FORECASTING 67<br \/>\nOVERVIEW 67<br \/>\nPLANNING THE DEMAND 67<br \/>\nDEMAND MANAGEMENT VS DEMAND PLANNING 68<br \/>\nDEMAND FORECASTING 70<br \/>\nDEMAND FORECASTING IN-DEPTH 71<br \/>\nSALES FORECASTING 75<br \/>\nSTATISTICAL TOOLS FOR FORECASTING 76<br \/>\nMOVING AVERAGE 77<br \/>\nQUANTITATIVE VS QUALITATIVE FORECASTING 78<br \/>\nPROBLEM DIS-AGGREGATION AND DECOMPOSITION 78<br \/>\nERRORS AND INACCURACY 79<br \/>\nABC CLASSIFICATION 80<br \/>\nOTHER ANALYSIS METHODS 81<br \/>\nBULLWHIP EFFECT 81<br \/>\nVMI, QR, ECR AND PROFILE REPLENISHMENT 83<br \/>\nPOS DATA 84<br \/>\nAPPLICATIONS FOR FORECASTING IN SCM 86<br \/>\nQUANTITATIVE METHODS AND FORECASTING TECHNIQUES 88<br \/>\nOVERVIEW OF THE JOB FUNCTION AND THE RELEVANT SKILLS 88<br \/>\nETHICS, CREDITABILITY, OBJECTIVITY AND QUALITY IN THE FORECASTING PROCESS 89<br \/>\nOVERVIEW OF STATISTICAL METHODS 90<br \/>\nMEASURES OF VARIABILITY AND DISTRIBUTION 91<br \/>\nCORRELATION ANALYSIS AND CONTINGENCY ANALYSIS 92<br \/>\nSTATISTICAL INFERENCE 93<br \/>\nDATA PREPARATION 94<br \/>\nSEASONALITY AND OUTLIERS 95<br \/>\nFORECAST TRACKING 97<br \/>\nFORECASTING APPROACHES AND CLASSIFICATIONS 97<br \/>\nQUANTITATIVE VS QUALITATIVE FORECASTING 100<br \/>\nPLANNING A FORECAST 101<br \/>\nMODELS &amp; METHODS SELECTION AND COMBINATION 102<br \/>\nDYNAMIC MODELING 103<br \/>\nEQUATIONS FORMULATION AND SELECTION 103<br \/>\nTHE TIME SCALE 103<br \/>\nMEASURING FORECAST QUALITY 105<br \/>\nSENSITIVITY 106<br \/>\nTIME SERIES 108<br \/>\nCAUSAL ANALYSIS 109<br \/>\nREGRESSION VS SMOOTHING 109<br \/>\nSMOOTHING AND MOVING AVERAGE 111<br \/>\nMORE ON QUANTITATIVE METHODS AND FORECASTING TECHNIQUES 112<br \/>\nCONSENSUS AND SYNTHESIS 112<br \/>\nCONSENSUS MEETING 113<br \/>\nMODELS, TOOLS AND THEORIES FOR DECISION MAKING 113<br \/>\nCPFR REVISITED 114<br \/>\nFORECASTING TRENDS AND CYCLES 116<br \/>\nPRESENTING TRENDS 116<br \/>\nSEASONALITY VS CYCLES VS IRREGULARITIES 117<br \/>\nEXTRACTING HIDDEN DATA 118<br \/>\nCROSS-IMPACT MATRIX AND SCENARIO BASED METHOD 118<br \/>\nTHE IMPORTANCE OF COMMUNICATION AND COOPERATION 119<br \/>\nBUY-IN 120<br \/>\nFORECAST CONSUMPTION 121<br \/>\nPRESENTING FORECASTS 122<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CPF Certified Professional Forecaster Exams All-in-one ExamFOCUS Study Notes &amp; Review Questions 2015 Covering module 1, 2 &amp; 3 The&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[603,128],"tags":[302,611],"class_list":["post-1923","post","type-post","status-publish","format-standard","hentry","category-2015-editions","category-research-admin-forecast","tag-cpf","tag-forecaster","wpcat-603-id","wpcat-128-id"],"_links":{"self":[{"href":"https:\/\/examreview.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/1923"}],"collection":[{"href":"https:\/\/examreview.net\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/examreview.net\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/examreview.net\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/examreview.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1923"}],"version-history":[{"count":3,"href":"https:\/\/examreview.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/1923\/revisions"}],"predecessor-version":[{"id":3098,"href":"https:\/\/examreview.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/1923\/revisions\/3098"}],"wp:attachment":[{"href":"https:\/\/examreview.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/examreview.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/examreview.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}