bus 430 Quiz 6 NEW

Question 1

Safety capacity is intended for all of the following except

Question 2

Which of the following is a short-term capacity decision?

Question 3

According to the Theory of Constraints, __ is the amount of money generated per time period through actual sales.

Question 4

Safety capacity or a capacity cushion is

Question 5

When the average unit cost of a good or service decreases as the capacity and/or volume of throughput increases, it is called __

Question 6

Safety capacity is most closely related to

Question 7

Which of the following is not correct relating to bottleneck resources?

Question 8

For a non-bottleneck activity,

Question 9

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 10

An entity in which idle capacity exists is called a __.

Question 11

All the following are means to adjust short-term capacity except

Question 12

Which of the following is not a key consideration in long-term capacity strategy?

Question 13

The long-term capacity expansion strategy that can be called a capacity straddle strategy is

Question 14

The capacity expansion approach that provides the most safety capacity is

Question 15

All the following are means to manage capacity by shifting and stimulating demand except

Question 16

__ forecasts are needed to plan work-force levels, allocate budgets among divisions and schedule jobs and resources.

Question 17

A tracking signal provides a method for quantifying forecast

Question 18

Repeatable periods of ups and downs over short periods of time are called __.

Question 19

A(n) __ is a one-time variation that is explainable.

Question 20

Which of the following is not a statistical method?

Question 21

All of the following are important concepts in forecasting except

Question 22

For single exponential smoothing,

Question 23

Which of the following does not fit with the Delphi method?

Question 24

If single exponential smoothing is used and the time series has a negative trend, the forecast will

Question 25

Regular patterns in a data series that take place over long periods of time are called __.

Question 26

The forecasting error measurement that is different in that the measurement scale factor is eliminated is

Question 27

An R2 of 0.80 means

Question 28

Which of the following is not a valid approach to gathering data for judgmental forecasting?

Question 29

All of the following are important in choosing a forecasting method except

Question 30

Regression analysis