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

Information centres, Information Centres: It is now customary to estab...

Information Centres: It is now customary to establish documentation cells within many special libraries to provide different types of information services to their clients. Wh

Teachable point of view and knowledge creation, QUESTION 1 What standar...

QUESTION 1 What standards of ethics and integrity would you recommend for an organization that go beyond obeying the law and why? QUESTION 2 (a) Briefly set out the

Implement a successful conservation programme, Implement a successful conse...

Implement a successful conservation programme:  To implement a successful conservation programme, the staff must know:  The nature  of base materials and  manufacturing

Functions of quality standard, Functions of Quality Standard Quality st...

Functions of Quality Standard Quality standards are the vital part in forming the Quality framework. They outline the elements of a quality. The functions of Quality standards

Role of regulator and players, Question 1 Consider yourself as a chief fin...

Question 1 Consider yourself as a chief financial officer, describe the treasury functions that you handle and discuss how you will formulate the treasury policy Question 2 T

Trade discounts - library administration, Trade Discounts: Trade disco...

Trade Discounts: Trade discounts area common feature in book purchases. The discounts may vary according to categories of publications. Normally a 10% discount is admissible o

Pestel analysis of the macro-environment, QUESTION 1 Explain each of th...

QUESTION 1 Explain each of the following concepts- (a) PESTEL analysis of the macro-environment (b) Porter's five forces (c) Value chain analysis QUESTION 2 Th

Types of research, Types: There are various types of survey research-descri...

Types: There are various types of survey research-descriptive,  evaluative, comparation, correlation, longitudinal, cross-sectional, cross-cllltural, etc.  Descriptive  Survey:

Working of enterprise project management within the model, Working of EPM w...

Working of EPM within the model The replica of the enterprise functions provides the foundation for implementing a rigorous move to selecting projects that have both strategic

International Business, Based on the article Nearshoring in Latin America,...

Based on the article Nearshoring in Latin America, what are the short- and long-term implications of nearshoring given the current economic conditions?

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