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##### strayer bus430 week 7 quiz

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**Question**

3 out of 3 points;Correct;An organization that would typically use a revenue management system is;Answer;Question 2;3 out of 3 points;Correct;For a non-bottleneck activity;Answer;Question 3;3 out of 3 points;Correct;A focused factory is least likely to focus on;Answer;Selected Answer;Question 4;3 out of 3 points;Correct;An entity in which idle capacity exists is called a ____.;Answer;Question 5;3 out of 3 points;Correct;Which of the following is not correct relating to bottleneck resources?;Answer;Question 6;3 out of 3 points;Correct;The capacity expansion approach that provides the most safety capacity is;Answer;Question 7;3 out of 3 points;Correct;Which of the following is a short-term capacity decision?;Answer;Question 8;3 out of 3 points;Correct;Referring to a Revenue Management System (RMS), which of the following is not a component?;Answer;Question 9;3 out of 3 points;Correct;Safety capacity or a capacity cushion is;Answer;Question 10;3 out of 3 points;Correct;The long-term capacity expansion strategy that can be called a capacity straddle strategy is;Answer;Question 11;3 out of 3 points;Correct;All the following are means to adjust short-term capacity except;Answer;Question 12;3 out of 3 points;Correct;A capacity straddle strategy is related to;Answer;Question 13;3 out of 3 points;Correct;C&M Machining is developing plans for a dedicated production line and needs to determine how many drill presses will be needed. Engineering estimates are that one drill press will be able to process 120 parts per hour. Daily demand is 2,400 parts. C&M operates one 8 hour shift per day. How many drill presses are needed to meet the capacity requirements?;Answer;Question 14;3 out of 3 points;Correct;According to the Theory of Constraints, ____ is the amount of money generated per time period through actual sales.;Answer;Question 15;3 out of 3 points;Correct;Average safety capacity (%) is computed as;Answer;Question 16;3 out of 3 points;Correct;A group of international experts published a set of principles of forecasting that includes all of the following except;Answer;Question 17;3 out of 3 points;Correct;forecasts are needed to plan for facility expansion.;Answer;Question 18;3 out of 3 points;Correct;For single exponential smoothing;Answer;Question 19;3 out of 3 points;Correct;Which of the following is not one of the five characteristics of a time series?;Answer;Question 20;3 out of 3 points;Correct;The forecasting error measurement that is different in that the measurement scale factor is eliminated is;Answer;Question 21;3 out of 3 points;Correct;A(n) ____ is a one-time variation that is explainable.;Answer;Question 22;3 out of 3 points;Correct;forecasts are needed to plan work-force levels, allocate budgets among divisions and schedule jobs and resources.;Answer;Question 23;3 out of 3 points;Correct;Regular patterns in a data series that take place over long periods of time are called ____.;Answer;Question 24;3 out of 3 points;Correct;An R2 of 0.80 means;Answer;Question 25;3 out of 3 points;Correct;Which of the following does not fit with the Delphi method?;Answer;question 26;3 out of 3 points;Correct;All of the following are important concepts in forecasting except;Answer;Question 27;3 out of 3 points;Correct;Which of the following is not a valid approach to gathering data for judgmental forecasting?;Answer;Question 28;3 out of 3 points;Correct;Which is not true regarding simple exponential smoothing?;Answer;Question 29;3 out of 3 points;Correct;A moving average model works best when ____ in the time series.;Answer;Question 30;3 out of 3 points;Correct;Which of the following is not a statistical method?;Answer

Paper#19842 | Written in 18-Jul-2015

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