--- title: CIOP Module-3 Sample Question & Answer with Explanation description: CIOP Module-3 Sample Question & Answer with Explanation image: https://blog.fhyzics.net/hubfs/water%20bottling%20company%2c.jpg --- ![Fhyzicslogoimage-2](https://blog.fhyzics.net/hs-fs/hubfs/Fhyzicslogoimage-2.png?width=70&name=Fhyzicslogoimage-2.png "Fhyzicslogoimage-2") ![Fhyzicslogoimage-2](https://blog.fhyzics.net/hs-fs/hubfs/Fhyzicslogoimage-2.png?width=70&name=Fhyzicslogoimage-2.png "Fhyzicslogoimage-2") [![Get Certified](https://no-cache.hubspot.com/cta/default/3112120/229464f9-28c1-465b-b116-8eab0815034e.png)](https://cta-redirect.hubspot.com/cta/redirect/3112120/229464f9-28c1-465b-b116-8eab0815034e) ![hero-img1](https://cdn2.hubspot.net/hub/5152923/hubfs/Creative_Theme/image/hero-img1.jpg?width=1810&name=hero-img1.jpg "hero-img1") - [**](https://www.facebook.com/sharer/sharer.php?u=https://blog.fhyzics.net/iiscm/ciop-module-3-sample-question-answer-with-explanation&title=CIOP%20Module-3%20Sample%20Question%20&%20Answer%20with%20Explanation&description=CIOP%20Module-3%20Sample%20Question%20&%20Answer%20with%20Explanation) - [**](https://twitter.com/intent/tweet?source=https://blog.fhyzics.net/iiscm/ciop-module-3-sample-question-answer-with-explanation&text=CIOP%20Module-3%20Sample%20Question%20&%20Answer%20with%20Explanation%20-%20https://blog.fhyzics.net/iiscm/ciop-module-3-sample-question-answer-with-explanation) - [**](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.fhyzics.net/iiscm/ciop-module-3-sample-question-answer-with-explanation&title=CIOP%20Module-3%20Sample%20Question%20&%20Answer%20with%20Explanation&summary=CIOP%20Module-3%20Sample%20Question%20&%20Answer%20with%20Explanation) 23 May 2020 Saturday ## CIOP Module-3 Sample Question & Answer with Explanation By [IISCM](https://blog.fhyzics.net/iiscm/author/iiscm) In: [Inventory](https://blog.fhyzics.net/iiscm/tag/inventory) **0** Comments **Scenario:** PureH2O, a mineral water bottling company, would like to forecast the demand for the 1 litre water bottles for the month of June. It would like to use one-weight for the oldest month and thrice the weight for the latest month to forecast using time-series. The company has huge demand during summer months and abysmal demand during winter months. The per-capita income of the citizens is on increasing trend and the hygiene conscious also shows great improvement. These two factors result in an unpredictable growth year over year. **Question:** Which one of the following options represent the data required for a better time series forecasting to forecast for the month of June? A) Seasonal indexes and actual for the months of June of previous three years with the actual demand with weights 1, 2 and 3 respectively. B) Actual demands of June for the three previous years with weights 3, 2 and 1 respectively. C) Actual demands of March, April and May with weights 1, 2 and 3 respectively. D) Seasonal Indexes for the months of March, April and May of this year and the actual demand of March, April and May with weights 1, 2 and 3 respectively. **Answer:** Seasonal Indexes for the months of March, April and May of this year and the actual demand of March, April and May with weights 1, 2 and 3 respectively. **Tags:** [Inventory](https://blog.fhyzics.net/iiscm/tag/inventory) Share: - [**](https://www.facebook.com/sharer/sharer.php?u=https://blog.fhyzics.net/iiscm/ciop-module-3-sample-question-answer-with-explanation&title=CIOP%20Module-3%20Sample%20Question%20&%20Answer%20with%20Explanation&description=CIOP%20Module-3%20Sample%20Question%20&%20Answer%20with%20Explanation) - [**](https://twitter.com/intent/tweet?source=https://blog.fhyzics.net/iiscm/ciop-module-3-sample-question-answer-with-explanation&text=CIOP%20Module-3%20Sample%20Question%20&%20Answer%20with%20Explanation%20-%20https://blog.fhyzics.net/iiscm/ciop-module-3-sample-question-answer-with-explanation) - [**](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.fhyzics.net/iiscm/ciop-module-3-sample-question-answer-with-explanation&title=CIOP%20Module-3%20Sample%20Question%20&%20Answer%20with%20Explanation&summary=CIOP%20Module-3%20Sample%20Question%20&%20Answer%20with%20Explanation) ### Written by [IISCM](https://blog.fhyzics.net/iiscm/author/iiscm) Integrated Institute of Supply Chain Management, a unit of Fhyzics Business Consultants Private Limited specialising in supply chain management consulting and education. IISCM trains and certifies SCM professionals in procurement, supply chain management, inventory, and warehousing. PREVIOUS POST [** CIOP Module-11 Sample Question & Answer with Explanation ](https://blog.fhyzics.net/iiscm/ciop-module-11-sample-question-answer-with-explanation) [![](https://cdn2.hubspot.net/hubfs/5152923/Creative_Theme/image/chevron.png) ](https://blog.fhyzics.net/iiscm) Next Post [CIOP Module-10 Sample Question & Answer with Explanation **](https://blog.fhyzics.net/iiscm/ciop-module-10-sample-question-answer-with-explanation) ## Leave a Reply [Content Title](https://blog.fhyzics.net/iiscm/ciop-module-3-sample-question-answer-with-explanation#) Description [![Supply Chain Certified Professional](https://blog.fhyzics.net/hs-fs/hubfs/Supply%20Chain%20Certified%20Professional.png?width=500&name=Supply%20Chain%20Certified%20Professional.png "Supply Chain Certified Professional")](https://pages.fhyzics.net/certversity) [![CIOP](https://blog.fhyzics.net/hubfs/CIOP.png "CIOP")](https://pages.fhyzics.net/ciop) [![LN Group](https://blog.fhyzics.net/hubfs/LN%20Group.png "LN Group")](https://www.linkedin.com/groups/10365331/) [![scm-weekly-1](https://blog.fhyzics.net/hubfs/scm-weekly-1.jpg "scm-weekly-1")](https://attendee.gotowebinar.com/register/2808029958274887180) . ### Subscribe To Get Inspiration ### Search form ### Categories - [Amazon (1)](https://blog.fhyzics.net/iiscm/tag/amazon) - [Apollo Tyres LTD (1)](https://blog.fhyzics.net/iiscm/tag/apollo-tyres-ltd) - [Ashok Leyland (1)](https://blog.fhyzics.net/iiscm/tag/ashok-leyland) - [BMW (1)](https://blog.fhyzics.net/iiscm/tag/bmw) - [CIOP (5)](https://blog.fhyzics.net/iiscm/tag/ciop) - [DHL (1)](https://blog.fhyzics.net/iiscm/tag/dhl) - [Flex India (1)](https://blog.fhyzics.net/iiscm/tag/flex-india) - [FLSmidth (1)](https://blog.fhyzics.net/iiscm/tag/flsmidth) - [GIC-2020 (1)](https://blog.fhyzics.net/iiscm/tag/gic-2020) - [Hyundai (1)](https://blog.fhyzics.net/iiscm/tag/hyundai) - [IISCM (2)](https://blog.fhyzics.net/iiscm/tag/iiscm) - [IISCM Digest (1)](https://blog.fhyzics.net/iiscm/tag/iiscm-digest) - [Indian Oil Corporation (2)](https://blog.fhyzics.net/iiscm/tag/indian-oil-corporation) - [Inventory (16)](https://blog.fhyzics.net/iiscm/tag/inventory) - [Inventory Management (1)](https://blog.fhyzics.net/iiscm/tag/inventory-management) - [Job (1)](https://blog.fhyzics.net/iiscm/tag/job) - [Larsen & Toubro Limited (1)](https://blog.fhyzics.net/iiscm/tag/larsen-toubro-limited) - [LinkedIn (3)](https://blog.fhyzics.net/iiscm/tag/linkedin) - [Logistics (2)](https://blog.fhyzics.net/iiscm/tag/logistics) - [Mahindra (1)](https://blog.fhyzics.net/iiscm/tag/mahindra) - [NCSCL (1)](https://blog.fhyzics.net/iiscm/tag/ncscl) - [Nokia (1)](https://blog.fhyzics.net/iiscm/tag/nokia) - [NTC Logistics India Private Limited (1)](https://blog.fhyzics.net/iiscm/tag/ntc-logistics-india-private-limited) - [Pepsico (1)](https://blog.fhyzics.net/iiscm/tag/pepsico) - [Philips (1)](https://blog.fhyzics.net/iiscm/tag/philips) - [Procurement (2)](https://blog.fhyzics.net/iiscm/tag/procurement) - [Reliance Retail (1)](https://blog.fhyzics.net/iiscm/tag/reliance-retail) - [Samsung (1)](https://blog.fhyzics.net/iiscm/tag/samsung) - [SCM (293)](https://blog.fhyzics.net/iiscm/tag/scm) - [SCM Magazine (1)](https://blog.fhyzics.net/iiscm/tag/scm-magazine) - [SCMAT (1)](https://blog.fhyzics.net/iiscm/tag/scmat) - [Shell (1)](https://blog.fhyzics.net/iiscm/tag/shell) - [Supplier Certification (1)](https://blog.fhyzics.net/iiscm/tag/supplier-certification) - [Supply Chain (328)](https://blog.fhyzics.net/iiscm/tag/supply-chain) - [Supply Chain Jobs (25)](https://blog.fhyzics.net/iiscm/tag/supply-chain-jobs) - [Tata Capital (1)](https://blog.fhyzics.net/iiscm/tag/tata-capital) - [Toyota (1)](https://blog.fhyzics.net/iiscm/tag/toyota) - [TVS (1)](https://blog.fhyzics.net/iiscm/tag/tvs) - [Vendor (2)](https://blog.fhyzics.net/iiscm/tag/vendor) - [Vendor Management Administrator (2)](https://blog.fhyzics.net/iiscm/tag/vendor-management-administrator) - [Vendor Manager (2)](https://blog.fhyzics.net/iiscm/tag/vendor-manager) - [Warehouse (4)](https://blog.fhyzics.net/iiscm/tag/warehouse) - [Wells Fargo (1)](https://blog.fhyzics.net/iiscm/tag/wells-fargo) - [Wipro Limited (1)](https://blog.fhyzics.net/iiscm/tag/wipro-limited) - [Xiaomi (1)](https://blog.fhyzics.net/iiscm/tag/xiaomi) [See all](https://blog.fhyzics.net/iiscm/ciop-module-3-sample-question-answer-with-explanation#) ### Popular Post [ LinkedIn Job Opportunities Groups ](https://blog.fhyzics.net/iiscm/linkedin-job-opportunities-groups) [Prema Kani](https://blog.fhyzics.net/iiscm/author/prema-kani) - Dec 7, 2020 [ LinkedIn Supply Chain Management Groups ](https://blog.fhyzics.net/iiscm/linkedin-supply-chain-management-groups) [Prema Kani](https://blog.fhyzics.net/iiscm/author/prema-kani) - Nov 24, 2020 [ Colleges Offering Supply Chain Programs in India ](https://blog.fhyzics.net/iiscm/colleges-offering-supply-chain-programs-in-india) [IISCM](https://blog.fhyzics.net/iiscm/author/iiscm) - Sep 19, 2020 [ LinkedIn Marketing Program ](https://blog.fhyzics.net/iiscm/linkedin-marketing-program) [IISCM](https://blog.fhyzics.net/iiscm/author/iiscm) - Dec 2, 2020 [ Procurement Terminology – Economies of Scale ](https://blog.fhyzics.net/iiscm/procurement-terminology-economies-of-scale) [IISCM](https://blog.fhyzics.net/iiscm/author/iiscm) - Jun 15, 2023 ### Recent Posts [ Procurement Terminology – Price Analysis ](https://blog.fhyzics.net/iiscm/procurement-terminology-price-analysis) [IISCM](https://blog.fhyzics.net/iiscm/author/iiscm) Aug 31, 2023 [ Procurement Terminology – Quality Function Deployment ](https://blog.fhyzics.net/iiscm/procurement-terminology-quality-function-deployment) [IISCM](https://blog.fhyzics.net/iiscm/author/iiscm) Aug 31, 2023 [ Procurement Terminology – Strategic Suppliers ](https://blog.fhyzics.net/iiscm/procurement-terminology-strategic-suppliers) [IISCM](https://blog.fhyzics.net/iiscm/author/iiscm) Aug 31, 2023 [ Procurement Terminology – Arm's Length Relationship ](https://blog.fhyzics.net/iiscm/procurement-terminology-arms-length-relationship) [IISCM](https://blog.fhyzics.net/iiscm/author/iiscm) Aug 31, 2023 [ Procurement Terminology – Non-Profit Organisation ](https://blog.fhyzics.net/iiscm/procurement-terminology-non-profit-organisation) [IISCM](https://blog.fhyzics.net/iiscm/author/iiscm) Aug 31, 2023 ## Related Post - [**](https://www.facebook.com/sharer/sharer.php?u=https://blog.fhyzics.net/iiscm/ciop-batch-april-2021&title=CIOP%20Batch%20April%202021&description=CIOP%20Training) - [**](https://twitter.com/intent/tweet?source=https://blog.fhyzics.net/iiscm/ciop-batch-april-2021&text=CIOP%20Batch%20April%202021%20-%20https://blog.fhyzics.net/iiscm/ciop-batch-april-2021) - [**](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.fhyzics.net/iiscm/ciop-batch-april-2021&title=CIOP%20Batch%20April%202021&summary=CIOP%20Training) ## [CIOP Batch April 2021](https://blog.fhyzics.net/iiscm/ciop-batch-april-2021) Module-1: Introduction to SCM Module-2: All About Inventory Module-3: Production Planning System By [IISCM](https://blog.fhyzics.net/iiscm/author/iiscm) In: [Inventory](https://blog.fhyzics.net/iiscm/tag/inventory) [**](https://blog.fhyzics.net/iiscm/ciop-batch-april-2021) - [**](https://www.facebook.com/sharer/sharer.php?u=https://blog.fhyzics.net/iiscm/gic2020&title=Global%20Inventory%20Challenge%202020&description=A%20global%20competition%20on%20inventory%20management%20from%20IISCM,%20the%20creators%20of%20Inventory%20Management%20Body%20of%20Knowledge%20-%20IMBoK%20v2.0.) - [**](https://twitter.com/intent/tweet?source=https://blog.fhyzics.net/iiscm/gic2020&text=Global%20Inventory%20Challenge%202020%20-%20https://blog.fhyzics.net/iiscm/gic2020) - [**](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.fhyzics.net/iiscm/gic2020&title=Global%20Inventory%20Challenge%202020&summary=A%20global%20competition%20on%20inventory%20management%20from%20IISCM,%20the%20creators%20of%20Inventory%20Management%20Body%20of%20Knowledge%20-%20IMBoK%20v2.0.) ## [Global Inventory Challenge 2020](https://blog.fhyzics.net/iiscm/gic2020) Global Inventory Challenge 2020 is the first edition of inventory competition from Integrated Institute of Supply Chain Management (IISCM). We invite supply chain professionals and students to participate in this unique competition. The details of the competition are available in the below sections. You can also download and print the poster and display it at your organisation’s or institution’s notice board for the benefit of your colleagues and students. By [IISCM](https://blog.fhyzics.net/iiscm/author/iiscm) In: [Inventory](https://blog.fhyzics.net/iiscm/tag/inventory) [**](https://blog.fhyzics.net/iiscm/gic2020) - [**](https://www.facebook.com/sharer/sharer.php?u=https://blog.fhyzics.net/iiscm/ciop-proctored-exam-instructions&title=CIOP%20Proctored%20Exam%20Instructions&description=CIOP%20Proctored%20Exam%20Instructions) - [**](https://twitter.com/intent/tweet?source=https://blog.fhyzics.net/iiscm/ciop-proctored-exam-instructions&text=CIOP%20Proctored%20Exam%20Instructions%20-%20https://blog.fhyzics.net/iiscm/ciop-proctored-exam-instructions) - [**](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.fhyzics.net/iiscm/ciop-proctored-exam-instructions&title=CIOP%20Proctored%20Exam%20Instructions&summary=CIOP%20Proctored%20Exam%20Instructions) ## [CIOP Proctored Exam Instructions](https://blog.fhyzics.net/iiscm/ciop-proctored-exam-instructions) Certified Inventory Optimization Professional examinations are online, proctored examinations. Meaning, you can take CIOP examination at the comfort of your home or office or any other quite place of your choice. You will be monitored online by our proctor for the entire duration of the examination. The two phases of the examination are 1. Assessment of Test Venue Preparedness 2. Taking the CIOP Examination By [IISCM](https://blog.fhyzics.net/iiscm/author/iiscm) In: [Inventory](https://blog.fhyzics.net/iiscm/tag/inventory) [**](https://blog.fhyzics.net/iiscm/ciop-proctored-exam-instructions) ## Growth Is Just One Click Away Don't feel like calling? Just share some details about your SOP Requirements & Fhyzics representative will get in touch with you. **Schedule A Meeting with our Manager [Consulting & Certifications]** [![Schedule a Meeting](https://no-cache.hubspot.com/cta/default/3112120/94d7b671-818c-44de-b56d-bb11ebf495c2.png)](https://cta-redirect.hubspot.com/cta/redirect/3112120/94d7b671-818c-44de-b56d-bb11ebf495c2) Join Our NewsLetter ## **subscribe newsletter** ![16](https://cdn2.hubspot.net/hub/5152923/hubfs/HP_Theme/images/16.jpg?width=3953&name=16.jpg "16") ![Fhyzics-logo](https://blog.fhyzics.net/hs-fs/hubfs/Fhyzics-logo.png?width=100&name=Fhyzics-logo.png "Fhyzics-logo") Fhyzics Business Consultants Private Limited specialises in Consulting, Certifications, Executive Development Programs and Conferences in Supply Chain Management, New Product Development and Business Analysis domains. ## Professional Certifications ## Contact us [cs@fhyzics.net](mailto:mailto:cs@fhyzics.net) [+91-900-304-9000](tel:900-304-9000) - [Facebook](https://www.facebook.com/Fhyzics.India/) - [Twitter](https://twitter.com/fhyzicsindia?lang=en) - [Linkedin](https://www.linkedin.com/company/fhyzics-business-consultants-pvt-ltd-/) - [Pinterest](https://in.pinterest.com/Fhyzics/) Copyright © 2026 Fhyzics Business Consultants Pvt. Ltd. All Rights Reserved.