MGT 3332 Quiz 1 With Complete Questions And
Answers 100% Correct
what is/are a primary input into capacity, sales, and production planning? - ANSWER
demand forecasts
In addition to operations, what is considered a "line" function? - ANSWER sales
What is not a step in the forecasting process? - ANSWER Eliminate all assumptions.
Detecting non-randomness in errors can be done using: - ANSWER control charts
Operations and sales are the two ________ functions in businesses. - ANSWER line
Budgeting, analysis of investment proposals, and provision of funds are activities
associated with the _______ function. - ANSWER finance
Supplying operations with parts and materials, performing work on products, and/or
performing services are part of the firm's: - ANSWER internal supply chain
Technology choices can have a major impact on: - ANSWER Costs, Productivity.
Customer Satisfaction, Quality
Putting forecast errors into perspective is best done using - ANSWER MAPE
what is not true about the systems approach? - ANSWER A systems approach
concentrates on efficiency within subsystems
Two widely used metrics of variation are the __________ and the _________. - ANSWER
mean; standard deviation
what does not relate to system design? - ANSWER inventory management
The two general approaches to forecasting are: - ANSWER qualitative and quantitative
Production systems with customized outputs typically have relatively: - ANSWER skilled
workers
Moving average forecasting techniques do the following: - ANSWER Smooth variations
in the data.
Farming is an example of: - ANSWER Smooth variations in the data
arming is an example of: - ANSWER non-manufactured goods production
Buying goods or services instead of producing or providing them in-house is called: -
ANSWER outsourcing.
Answers 100% Correct
what is/are a primary input into capacity, sales, and production planning? - ANSWER
demand forecasts
In addition to operations, what is considered a "line" function? - ANSWER sales
What is not a step in the forecasting process? - ANSWER Eliminate all assumptions.
Detecting non-randomness in errors can be done using: - ANSWER control charts
Operations and sales are the two ________ functions in businesses. - ANSWER line
Budgeting, analysis of investment proposals, and provision of funds are activities
associated with the _______ function. - ANSWER finance
Supplying operations with parts and materials, performing work on products, and/or
performing services are part of the firm's: - ANSWER internal supply chain
Technology choices can have a major impact on: - ANSWER Costs, Productivity.
Customer Satisfaction, Quality
Putting forecast errors into perspective is best done using - ANSWER MAPE
what is not true about the systems approach? - ANSWER A systems approach
concentrates on efficiency within subsystems
Two widely used metrics of variation are the __________ and the _________. - ANSWER
mean; standard deviation
what does not relate to system design? - ANSWER inventory management
The two general approaches to forecasting are: - ANSWER qualitative and quantitative
Production systems with customized outputs typically have relatively: - ANSWER skilled
workers
Moving average forecasting techniques do the following: - ANSWER Smooth variations
in the data.
Farming is an example of: - ANSWER Smooth variations in the data
arming is an example of: - ANSWER non-manufactured goods production
Buying goods or services instead of producing or providing them in-house is called: -
ANSWER outsourcing.
