OPMA 3306 Final Exam Review Multiple Choice Questions
and answers verified to pass 2026
1. In a typical inventory reordering scenario, if
Order quantity
the lead time for delivery of the item
increases, the
will need to be increased if stockout risk is to
remain un-changed. Proximity to customers
2. Which of the following locations considerations
tends to be more important for service firms
that for manu-factures? Utilization
3. If last week a firm had the capacity to
produce 1,000 units and it actually produced
850 units, its Exponential smoothing
typically requires less
was 85%. record keeping of past
data.
4. Which of the following statements comparing
expo-nential smoothing to the weighted
moving average technique is TRUE?
5. The Carbondale Hospital is considering the purchase of 3,775
a new ambulance. The decision will rest partly on year 6
the anticipated mileage to be driven next = . (round your
year. The miles driven during the past 5 years response to
are as follows: the nearest
whole
Year 1: 3,000 mileage
number).
Year 2: 4,050 mileage
Year 3: 3,500 mileage 6. John's House
Year 4: 3,850 mileage of Pancakes
Year 5: 3,700 mileage uses a
Using a 2-year moving average, the forecast for weighted
1/
3
and answers verified to pass 2026
1. In a typical inventory reordering scenario, if
Order quantity
the lead time for delivery of the item
increases, the
will need to be increased if stockout risk is to
remain un-changed. Proximity to customers
2. Which of the following locations considerations
tends to be more important for service firms
that for manu-factures? Utilization
3. If last week a firm had the capacity to
produce 1,000 units and it actually produced
850 units, its Exponential smoothing
typically requires less
was 85%. record keeping of past
data.
4. Which of the following statements comparing
expo-nential smoothing to the weighted
moving average technique is TRUE?
5. The Carbondale Hospital is considering the purchase of 3,775
a new ambulance. The decision will rest partly on year 6
the anticipated mileage to be driven next = . (round your
year. The miles driven during the past 5 years response to
are as follows: the nearest
whole
Year 1: 3,000 mileage
number).
Year 2: 4,050 mileage
Year 3: 3,500 mileage 6. John's House
Year 4: 3,850 mileage of Pancakes
Year 5: 3,700 mileage uses a
Using a 2-year moving average, the forecast for weighted
1/
3
