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Question Question 1 Which of the following is a short-term capacity decision? Question 2 All the following are means to adjust short-term capacity except Question 3 Safety capacity is intended for all of the following except Question 4 A capacity straddle strategy is related to Question 5 Safety capacity or a capacity cushion is Question 6 The capacity expansion approach that provides the most safety capacity is Question 7 Safety capacity or a capacity cushion is Question 8 C&M Machining is developing plans for a dedicated production line and needs to determine how many drill presses will be needed. Engineering estimates are that one drill press will be able to process 120 parts per hour. Daily demand is 2,400 parts. C&M operates one 8 hour shift per day. How many drill presses are needed to meet the capacity requirements? Question 9 In service organizations, capacity is more often viewed as ____ Question 10 Referring to a Revenue Management System (RMS), which of the following is not a component? Question 11 An organization that would typically use a revenue management system is Question 12 The long-term capacity expansion strategy that can be called a capacity straddle strategy is Question 13 All the following are means to manage capacity by shifting and stimulating demand except Question 14 Which of the following is not correct relating to bottleneck resources? Question 15 A doctor's office would charge no-show patients $30 if they did not cancel their appointment 24 hours ahead of the appointment because Question 16 If actual demand for a product is highly influenced by only random variation, the quantitative technique to use for forecasting demand is Question 17 ____ forecasts are needed to plan work-force levels, allocate budgets among divisions and schedule jobs and resources. Question 18 If single exponential smoothing is used and the time series has a negative trend, the forecast will Question 19 Regression analysis Question 20 All of the following are important concepts in forecasting except Question 21 Which of the following does not fit with the Delphi method? Question 22 Which of the following is not a valid approach to gathering data for judgmental forecasting? Question 23 Which of the following is not a statistical method? A tracking signal provides a method for quantifying forecast Question 25 A moving average model works best when ____ in the time series. Question 26 Which is not true regarding simple exponential smoothing? Question 27 Exponential smoothing... Question 28 Which of the following is not one of the five characteristics of a time series? Question 29 The forecasting error measurement that is different in that the measurement scale factor is eliminated is Question 30 ____ forecasts are needed for planning production schedules and to assign workers to jobs.
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Strayer BUS430 week 6 Quiz / Strayer BUS430 week 6 Quiz 2016 (New)
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