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Devry GSCM 206 Week 2 Quiz latest
devry gscm206 week 2 quiz latest
- 1.Question : (TCO 5) What is the forecast for November, based on a weighted moving average applied to the following past-demand data and using the weights 4, 2, and 0 (largest weight is for most recent data)?
May June July Aug. Sept. Oct.
10 8 7 10 12 13
10.3
10.5
12.66
21
Question 2. Question : (TCO 5) Favors Distribution Company purchases small imported trinkets in bulk, packages them, and sells them to retail stores. In February, the company predicted they would sell 11,000 trinkets. Their sales for February were 9,000 trinkets.Using a smoothing constant of an alpha of 0.2, the sales manager wants to forecast March sales using exponential smoothing. What would it be?
9,000 trinkets
9,800 trinkets
9,500 trinkets
10,600 trinkets
Question 3. Question : (TCO 5) Using a 3-year moving average, forecast the amount for Year 10.
Year Demand
1 74
2 90
3 59
4 91
5 140
6 98
7 120
8 123
9 99
Year 10 = 122.87
Year 10 = 99.98
Year 10 = 110.67
Year 10 = 114
Question 4. Question : (TCO 6) Which of the following helps operations managers focus on the trivial few and the critical many?
Value analysis
Value engineering
Financial analysis
Product-by-value analysis
None of the above
Question 5. Question : (TCO 7) Which of the following moments of truth exemplifies the customer’s standard expectations?
Your advisor made you wait, even though you had an appointment.
You had to visit once to reach your academic advisor.
Your advisor was competent, helpful, and understanding.
Your advisor failed to keep his or her appointment with you.
Question 6. Question : (TCO 5) Forecasts are usually classified by time horizon into three categories. What are they?
Short range, medium short, and long range
Finance and accounting, marketing, and operations
Strategic, tactical, and operational
Exponential smoothing, regression, and time series
Long range, medium range, and short range
Question 7. Question : (TCO 7) Which of the following does not make products more environmentally friendly?
Using less materials
Less recycled materials
Using less energy
Ability to recycle product
All of the above
Question 8. Question : (TCO 7) Reducing costs by using existing or standard components is part of _____.
specialized components on each project
putting each product into a separate group
increasing raw material purchases
the ability to recycle product
group technology
Question 9. Question : (TCO 5) In time series, which of the following cannot be predicted?
Random variations “blips”
Technological trends
Seasonal fluctuations
Regular fluctuations
Large decreases in demand
Question 10. Question : (TCO 6) Which of these statements best describes computer-aided design (CAD)?
It is the interactive use of computers to design a product and prepare engineering documentation.
The use of special computer programs to direct and control manufacturing equipment.
It is the ability to depict objects in three-dimensional form.
It is a visual form of communication in which images substitute for the real thing.
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