Question
1. You produce a sports watch and you know your customers will not even consider purchasing it unless the battery lasts for at least one
1. You produce a sports watch and you know your customers will not even consider purchasing it unless the battery lasts for at least one year, the face of the watch glows in the dark, and it has a waterproof band. These are examples of
Group of answer choices
Order winners
Competitors dimensions
Order loser
Order qualifiers
Sustainable features
2. Moving average is an example of what type of forecasting technique?
Group of answer choices
Extrinsic forecasting
X10 Technique
Regression forecasting
Trend forecasting
Intrinsic forecasting
3.Data related to where a customer is located is an example of
Group of answer choices
Ordinal data
Numerical data
Categorical data
Interval data
Ratio data
4. Subway uses only 10 ingredients but offers 40 different subs. This results from the process known as
Group of answer choices
modular design
supply chain design
customer design
flexible design
service design
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5. The breakeven problem uses this type of model -
Group of answer choices
Non-linear model
Forecasting model
PivotTable model
Transportation model
Decision model
6. A make-to-stock company would not carry finished good inventory.
Group of answer choices
Ture
No answer text provided.
False
Can't decide
7. A measure that captures both the cost and investment aspects of a project is_____
Group of answer choices
Profit Margin
Asset Turnover
Cash-to-Cash Cycle Time
Balanced Scorecard
Return on Assets
8. Given a data set as follows,
9 | 10 | 9 | 11 | 7 | 8 | 7 | 7 | 9 | 11 | 9 | 10 |
What is the mode of the data set?
Group of answer choices
8
10
11
7
9
9. Exponential smoothing is an example of this type of forecasting -
Group of answer choices
Collaborative planning, forecasting, and replenishment (CPFR)
Causal relationship forecasting
Historical analogy
Intrinsic analysis
Strategic forecast
10. A firm is using a simple exponential smoothing model. They are using a smoothing constant of 0.2. Last month the forecast for this month was 130 units. This month the actual demand was 120 units. What is the forecast for next month?
Group of answer choices
Can't decide
125
128
132
120
11. Firm A makes 1 basic product at relatively high volume with no variations while firm B makes many customized products based on their exact customers' needs. Circle the best answer that generally applies:
Group of answer choices
Both would use a make-to-order process.
Firm B would more likely use a make-to-order process.
Firm A would more likely use an assemble-to-order process.
Both would use a make-to-stock process.
Firm B would more likely use a make-to-stock process.
12. A company that specializes in product delivery services and other specialized material movement related expertise is called a ____
Group of answer choices
transportation company
reverse logistics provider
outsourcing partner
customer trucking company
third-party logistics (3PL) provider.
13. We need to make a forecast but do not believe that past data would be at all useful. Given this information, we should try what type of model____
Group of answer choices
A moving average model
A product-mix model
A simulation
A breakeven model
Regression using extrinsic data
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14. You have two alternatives for making a new product. Your first choice is to purchase a machine for $10,000 and make the product for $4.00 per unit. Your second choice is to pay a contractor $6.00 per unit to make the product. The breakeven quantity where you are indifferent between the two choices is
Group of answer choices
5000
0
1667
No answer text provided.
2500
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