MAR 3203 EXAM 1 UCF UPDATED ACTUAL QUESTIONS AND CORRECT ANSWERS (2)

MAR 3203 EXAM 1 UCF UPDATED ACTUAL QUESTIONS
AND CORRECT ANSWERS (2)
Question:
MAR 3203 EXAM 1 UCF UPDATED
CORRECT ANSWERS
The tracking signal is the__________
ratio of forecasted value/actual value
1
ratio of cumulative error/MAD
3




Answer:
ACTUAL QUESTIONS AND
difference between actual and forecasted

, 2
values
ratio of average error/cumulative error
4

Question:
Which of the following is not one of the basic functions
of the management process?
Answer:
Inspecting

Question:
Which of the following appears to provide the best
opportunity for increases in productivity?
Answer:
Management

Question:
The total of all outputs produced by the transformation
process divided by the total of the inputs is __________.
Answer:
multifactor productivity

Question:
An operations task performed at Hard Rock Café is
__________.
Answer:
preparing employee schedules

Question:
Which of the following is the best example of a pure
service?
Answer:
Counseling

Question:
The service sector has lower productivity improvements
than the manufacturing sector because __________.
Answer:
the service sector is usually more labor intensive than the manufacturing sector

Question:
Which is not true regarding differences between goods
and services?
Answer:
Goods tend to have higher customer interaction than services.