User Account

All Pages

answers Please, Other Management

Assignment Help:
Question 1 of 16 4.0 Points

Six (6) samples of size five (5) were used to collect the data presented below:
sample number

1

2

3

4

5

6
sample mean (x-bar)

8.0

8.1

7.9

8.2

7.8

8.0
sample range (R)

1.8

2.4

1.9

1.8

2.1

2.0

The lower control limit (LCL) an x-bar-chart is.
A. LCL = 7.800
B. LCL = 7.034
C. LCL = 6.846
D. LCL = 21.000
E. LCL = 0.000
Reset Selection

Question 2 of 16 4.0 Points

Twenty samples of size six (6) were collected for a variable measurement. Determine the upper control limit (UCL) and lower control limit (LCL) for an R-chart if the average range, Rbar, is 4.4.
A. LCL = 0.3344, UCL = 9.3016
B. LCL = 0.0000, UCL = 1.4696
C. LCL = 1.826, UCL = 6.974
D. LCL = 0.0000, UCL = 8.8176
E. LCL = 0.0000, UCL = 176.3520
Reset Selection

Question 3 of 16 4.0 Points
Twenty-five samples of size thirty (30) were collected and a total of 48 nonconforming items were found yielding p-bar = 0.064. The three sigma upper control limit (UCL) for a p control chart would be
A. 0.833
B. 0.211
C. 0.198
D. 0.091
E. None of the above
Reset Selection

Question 4 of 16 2.0 Points

A company has calculated its CFE to be 700 and its MADt is 20. Which one of the following is the resulting TS?
A. About 0.05
B. About 20
C. About 35
D. More than 35
E. Cannot be calculated based on this information
Reset Selection

Question 5 of 16 2.0 Points
If you were trying to select a forecasting model based on a MAD statistic, which of the following MAD values reflects the most accurate model?
A. 0.425
B. 0.877
C. 2.000
D. 4.599
E. 100
Reset Selection

Question 6 of 16 3.0 Points

Given the following weekly demand and forecast figures:
Week

Demand

Forecast
1

20

40
2

25

20
3

35

30

The MAD is:
A. 0
B. -10
C. 30
D. 10
E. none of the above
Reset Selection

Question 7 of 16 3.0 Points


Given the following weekly demand and forecast figures:

Week

Demand

Forecast
1

20

40
2

25

20
3

35

30

The mean square error is:
A. -10
B. 15
C. 30
D. 150
E. 450
Reset Selection

Question 8 of 16 3.0 Points


A company wants to forecast its demand using the Simple Moving Average and has the following demand data.

Week

Demand
1

120
2

100
3

140
4

120
5

200


Which of the following is the four-period moving average forecast for period 6?


A. 120
B. 136
C. 140
D. 170
E. none of the above
Reset Selection

Question 9 of 16 3.0 Points
A company wants to forecast its demand using the Weighted Moving Average. The company uses two prior yearly sales values (i.e., Year 1 = 110 and Year 2 = 130). Using weights 0.9 and 0.1 with largest weight to demand assigned to the most recent period, which of the following is the two-period Weighted Moving Average forecast for Year 3?
A. 112
B. 117
C. 120
D. 128
E. none of the above.
Reset Selection

Question 10 of 16 3.0 Points
In Period 7 the exponentially smoothed forecast was 50 and the actual demand was 60. If alpha = 0.1, what is the exponentially smoothed forecast for Period 8?
A. 49
B. 50
C. 51
D. 59
E. 61
Reset Selection

Question 11 of 16 3.0 Points

Monthly demand for a product has been as follows in the last 2 months.
July

60 units
August

62 units

What is the forecast for September using exponential smoothing with alpha = 0.2 if the forecast for July was 50 units?
A. 54
B. 53
C. 52
D. 51
E. 50
Reset Selection

Question 12 of 16 4.0 Points

The following table gives the demand and production plan for an organization.

January February March
Demand 900 900 1,500
Production plan 1,100 1,100 1,100

The initial inventory is zero. The inventory holding cost is $1 per unit per month. The total inventory holding cost for the plan is:
A. $400
B. $600
C. $800
D. $1,200
E. None of the above
Reset Selection

Question 13 of 16 3.0 Points

Use the following data to answer questions 13-16

A Company policy calls for keeping safety-stock equal to 25% the forecasted demand for that month. The company currently has a work force of 12 people.

Demand Data
Jan. Feb. March
Beg. Inventory 200
Forecast demand 500 300 600



Production Data
Labor hours/unit 3
Workdays/month 20
Work hours/day 8


Cost Data
Labor cost/hour-straight time $14
Labor cost/hour-overtime $21

The production requirement for the month of February is
A. 300
B. 100
C. 225
D. 250
E. none of the above
Reset Selection

Question 14 of 16 3.0 Points

Use the following data to answer questions 13-16

A Company policy calls for keeping safety-stock equal to 25% the forecasted demand for that month. The company currently has a work force of 12 people.

Demand Data
Jan. Feb. March
Beg. Inventory 200
Forecast demand 500 300 600



Production Data
Labor hours/unit 3
Workdays/month 20
Work hours/day 8


Cost Data
Labor cost/hour-straight time $14
Labor cost/hour-overtime $21

The beginning inventory for the month of March is
A. 60
B. 75
C. 100
D. 150
E. none of the above
Reset Selection

Question 15 of 16 3.0 Points

Use the following data to answer questions 13-16

A Company policy calls for keeping safety-stock equal to 25% the forecasted demand for that month. The company currently has a work force of 12 people.

Demand Data
Jan. Feb. March
Beg. Inventory 200
Forecast demand 500 300 600



Production Data
Labor hours/unit 3
Workdays/month 20
Work hours/day 8


Cost Data
Labor cost/hour-straight time $14
Labor cost/hour-overtime $21

The number of units current work force of 12 workers can produce in a month during regular time is
A. 960
B. 800
C. 640
D. 600
E. none of the above
Reset Selection

Question 16 of 16 3.0 Points

Use the following data to answer questions 13-16

A Company policy calls for keeping safety-stock equal to 25% the forecasted demand for that month. The company currently has a work force of 12 people.

Demand Data
Jan. Feb. March
Beg. Inventory 200
Forecast demand 500 300 600



Production Data
Labor hours/unit 3
Workdays/month 20
Work hours/day 8


Cost Data
Labor cost/hour-straight time $14
Labor cost/hour-overtime $21

The number of workers needed to produce 960 units in a month is
A. 18
B. 16
C. 15
D. 12
E. none of the above
Reset Selection

Related Discussions:- answers Please

Requirements for force account , Requirements for force account  Let us...

Requirements for force account  Let us now look at the requirements for force accounting:  Force account should be justifiable as to why competitive bids cannot be invite

Compare and contrast the fundamental and technical analysis, Question 1 ...

Question 1 Explain the characteristics of investment. Differentiate between investment and speculation. Question 2 What do you understand risk and measurement of ris

What is a trade policy, Question 1 Explain any five differences between Ta...

Question 1 Explain any five differences between Tariff and Non-tariff Barriers Question 2 What is a trade policy? Explain arguments in favour of Free Trade Question

Acquisition, A c quisition An acquisition is slightly different from ...

A c quisition An acquisition is slightly different from a merger. Unlike all mergers, all acquisitions  involve  one  company  purchasing  another  -  there  is  no exchange

Differentiate between planned change and unplanned change, Question: Fo...

Question: Forces for change exist in the external and the internal environments of the organisation. (a) Differentiate between planned change and unplanned change. (b)

Discuss the validity of such a clause, Question 1: A contract may provi...

Question 1: A contract may provide that in case of some specified breaches mentioned in the contract, the defaulting party should compensate the other party. Discuss the val

Director of a service sector organization, You have just been appointed as ...

You have just been appointed as Public Relations Director of a service sector organization and first assignment is to make a crisis communication plan. The subsequent elements s

Binding processes - library management, BINDING PROCESSES The, binding...

BINDING PROCESSES The, binding of books is both a craft and an art  although the artistic aspect has receded to the background in modem binding, except for some special catego

Security issues in banking industry, a) Security issues are a major source...

a) Security issues are a major source of concern for everyone both inside and outside the banking industry. There are some security questions that need to be considered before dep

Documentation and information centres and databases , DOCUMENTATION AND INF...

DOCUMENTATION AND INFORMATION CENTRES AND DATABASES:   Traditionally, libraries have been collecting various kinds of publications and holding them in readiness for use by scho

Write Your Message!

Captcha
Order Assignment

Featured Services

Order Now

Popular Subjects

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd