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Operations management exam 2 fgcu answers
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Operations management exam 2 fgcu answers
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Operations Management Exam 2A repeatable pattern of increases or decreases in demand, depending on the periods of time of within one year
or less is a time-series pattern called - ✔✔Seasonal change
Linear regression - ✔✔x= Customers, y= sales volume
%
a,b given Y=a+bX
Long term is the correct time horizon for which of the following decisions? - ✔✔Facility location
Quantitative forecasting techniques include - ✔✔Exponential smoothing
0
The ability to automatically detect the occurrence of an abnormality, thereby helping achieve quality at the
source is - ✔✔Jidoka
Time-series analysis is most effective when used in which forecasts? - ✔✔Short term
0
Which of the following best characterizes a JIT System? - ✔✔Pull method of materials flow
Which of the following is NOT a benefit of small lot size for lean systems? - ✔✔Potential increase in process
setups
1
Which of the following is NOT a characteristic of a Kanban system? - ✔✔It serves as a push mechanism
Which of these forecasting techniques will yield forecasts that are identical to a naive forecast? -
✔✔Exponential smoothing with alpha=1
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