Question
1. Which is not a reason for the importance of project management in an organization? a. Managing projects can be challenging for Operations Managers b.
1. Which is not a reason for the importance of project management in an organization? a. Managing projects can be challenging for Operations Managers b. Can result in cost overruns c. Can be controlled by careful monitoring of progress d. Prevent delays
2. Determine the forecast for January using the 3 moving average.
| Month | Actual Demand | 3 Month Moving Average |
| January | 10 | |
| February | 12 | |
| March | 13 | |
| April | 16 | |
| May | 19 | |
| June | 23 | |
| July | 26 | |
| August | 30 | |
| September | 28 | |
| October | 18 | |
| November | 16 | |
| December | 14 | |
| January |
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Quantitative Methods For Business
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam
11th Edition
978-0324651812, 324651813, 978-0324651751
