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.