1.) A smoothing constant of .1 will cause an exponential smoothing forecast to react more quickly to a sudden change than a smoothing constant value of .3.

True or False

2.) Load reports show capacity requirements for departments or work centers which may be more or less than the capacity available in that work center.

True or False

3.) The goal of supply chain management is to synchronize supply and demand of all of the organizations that are part of the chain.

True or False

4.) Which of the following is not characteristic of good risk management?

A.) estimating the likelihood of chance events occurring

B.) planning to eliminate chance events

c.)identifying potential chance events.

d.) formulating contingency plans in the event of chance events.

E.) analyzing the consequences of chance events.

identifying potential chance events