Week 2 : forecasting and strategic capacity management – quiz

Question 1.1. (TCO 5) In most cases, demand for products or services can be broken down into several components. Which of the following is not considered a component of demand? (Points : 3)

Connect with a professional writer in 5 simple steps

Please provide as many details about your writing struggle as possible

Academic level of your paper

Type of Paper

When is it due?

How many pages is this assigment?

       Average demand for a period
       
A trend
       
Seasonal elements
       
Past data
       
Autocorrelation

 

Question 2.2. (TCO 5) In most cases, demand for products or services can be broken into several components. Which of the following is considered a component of demand? (Points : 3)

       Cyclical elements
       
Future demand
       
Past demand
       
Inconsistent demand
       
Level demand

 

Question 3.3. (TCO 5) Which of the following forecasting methodologies is considered a time series forecasting technique? (Points : 3)

       Simple moving average
       
Market research
       
Leading indicators
       
Historical analogy
       
Simulation

 

Question 4.4. (TCO 5) In business forecasting, what is usually considered a short-term time period? (Points : 3)

       Four weeks or less
       
More than 3 months
       
Six months or more
       
Less than 3 months
       
One year

 

Question 5.5. (TCO 5) In business forecasting, what is usually considered a long-term time period? (Points : 3)

       Three months or longer
       
Six months or longer
       
One year or longer
       
Two years or longer
       
Ten years or longer

 

Question 6.6. (TCO 5) Which of the following forecasting methods can be used for short-term forecasting? (Points : 3)

       Simple exponential smoothing
       
Delphi technique
       
Market research
       
Hoskins-Hamilton smoothing
       
Serial regression

 

Question 7.7. (TCO 5) Capacity planning involving acquisition or disposal of fixed assets, such as buildings, equipment, or facilities, is considered as which one of the following planning horizons? (Points : 3)

       Intermediate-range
       
Long-range
       
Short-range
       
Current
       
Upcoming

 

Question 8.8. (TCO 5) If the actual output of a piece of equipment during an hour is 500 units and it’s best operating level is at a rate of 400 units per hour, which of the following is the capacity utilization rate? (Points : 3)

       0.75
       
1.00
       
1.25
       
1.33
       
100

 

Question 9.9. (TCO 5) The way to build greater flexibility in your workers is to do which of the following? (Points : 3)

       Pay higher wages to motivate a willingness to do a variety to tasks
       
Provide a broader range of training
       
Provide a wide variety of technology to augment workers skills
       
Institute a “pay for skills” program
       
Use part-time employees with specialized skills as needed

 

Question 10.10. (TCO 5) Which of the following models uses a schematic model of the sequence of steps in a problem and the conditions and consequences of each step? (Points : 3)

       Probability indexing
       
Johnson’s sequencing rule
       
Decision trees
       
Activity System Maps
       
Decision mapping

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our Guarantees

At Myrestlab.com, we always work diligently to provide our customers with high-quality nursing assignment help services. We ensure that all papers by our writers possess 100% originality. We also guarantee all students of 100% privacy and confidentiality when working with us.

Money-Back Guarantee

At Myrestlab.com, our mission is to provide quality services to all students. We, therefore, guarantee money-backs for the rare occasions of satisfaction. Your satisfaction is our goal.

Read more

Zero-Plagiarism Guarantee

All our nursing assignment help services are 100% original. Each of our professional writers develops custom papers from scratch to reduce the chances of plagiarism. In addition to this, we always run completed papers through advanced anti-plagiarism checkers for 100% originality.

Read more

Free Revision Policy

Our free revision guarantee is a courtesy service by Myrestlab.com to ensure that we achieve 100% customer satisfaction rates. In case you feel unsatisfied with the outcome of your paper, you can always request for free unlimited revisions. We recommend a revision request within 14 days after the delivery date for short papers and 30 for dissertations.

Read more

Privacy Policy

Myrestlab.com also guarantee 100 privacy and confidentiality. We do not share any of our customers’ personal details with third parties. We have also fitted our websites with security features to ensure secure connections. Our security features also prevent damages that might occur through attacks by outsiders.

Read more

Fair-Cooperation Guarantee

By ordering a paper through My Rest Lab, you agree to receive nursing assignment help services offered by our nursing assignment writers. Our assignment help experts will always endear to provide quality services as promised. We always expect maximum cooperation from our students to help us achieve our mission and vision.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency