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13-180 A Question 1 r A manager uses the following linear regression equation to predict monthly sales of r c' 163 r. r books: d-None of the other options are correct 'r' = 40,000 +150t Where t and Y refers to the timeperjod and sales respectively. {-420 The sales ofbooks are: Question 4 The business analyst for Movie Sales, Inc. wants to forecast this year's demand for r a. Staying the same Moyies based on the following historical data: r 13-60ng up at a rate of40 DUO yearly Time Period Demand r at None of the other options are correct 5 years ggg 900 r d-Going up at a rate of 150 monthly gveals am: $33 . . vears ggg r 2 Going down at a rate of 150 yearly 2 years g 500 Question 2 Last year 300 A manager uses the following linear regression equation to predict monthly sales of . I I I books: What is the forecast for this year using a threeiyear moving average? Y=4DI000+150t r a-300.3Ei Where I and Y refers to the timepgrjgd and sales respectively. , 13.50025 What is the forecast for July of next year ift = D is April of this year? r {I 400745 r- d-466.67 r a-dZ 250 .- l-None of the other options are correct r 13'42'100 Question 5 r at 40,500 The business analyst for Movie Sales, Inc. wants to forecast this year's demand for r mm 250 Movies based on the following historical data: r 2- None of the other options are correct Time Period Demand question 3 5 yea\"; m 900 The business analyst for Movie Sales, lnc wants to forecast this year's demand for 3V2: 31111 Egg Movies based on the following historical data' ll g 2 years g; 500 Time Period Demand Last year 300 iyears g; 333 What is the forecast for this year using a three-year weighted moving average with 3 :22: g EDD weights of .5 {for the most recent observation}, .3. and .2? 2 years E 500 r 6400 Last year 300 " \"'20 What is the forecast for this year using the naive approach? r L450 r d-460 r a- 300 r !-None of the other options are correct Question 6 The business analyst for Movie Sales, Inc wants to forecast this year's demand for Movies based on the following historical data. Time Period Demand 5 years Qgg SDI] 4 years ago 700 3 years 292 600 2 years ggg 500 Last year 300 What is the forecast for this year using exponential smoothing with alpha = .4. if the forecast for 2 years ago was T507 r a- 51 t} r 13-160 r c4100 r d- None of the other options are correct r 2- 300 Question 1' A manager has been using a certain technique to forecast demand for gallons of ice cream for the past six periods. Actual and forecasted amounts are shown below. Period Demand Forecast 1 90 87 2 85 88 3 91 ST 4 92 89 5 95 90 6 88 92 What is the MAD for this forecasting technique? r 6- None of the other options are correct r 13.3.67 r c 2.54 r d-4_54 r 2.4.25 Question 8 A manager has been using a certain technique to forecast demand for gallons of ice cream for the past six periods. Actual and forecasted amounts are shown below. Period Demand Forecast 1 90 8? 2 85 88 3 91 8? 4 92 89 5 95 90 B 88 92 What is the MSE for this forecasting technique? MB.\" 13-14 c- 3.?4 ail-16.8 !- None of the other options are correct WWWWW Question 9 A manager has been using a certain technique to forecast demand for gallons of ice cream for the past six peliods. Actual and forecasted amounts are shown below. Pen'od Demand Forecast 1 90 8? 2 85 88 3 91 8? 4 92 89 5 95 8i) 6 88 92 What is the sigma (or standard deviation} for this forecasting technique? 6-1.099 13-31374 c. 2.06? 614.099 I- None of the other options are correct WWWWW Question 1|) A manager has been using a certain technique to forecast demand for gallons of ice cream for the past six peliods. Actual and forecasted amounts are shown below. Period Demand Forecast 1 90 8? 2 85 88 3 91 8? 4 92 89 5 95 90 6 88 92 If the errors are assumed to be nonnally distributed with CL=0, LCL= 4.5 and UCL= +4.5. in which period are the enors out of control? r 3- Period 6 r b-None of the other options are correct r =- Period 3 and 6 r d- Period 3 r 9- Period 5 Question 11 Ann Wigs. owner of the Perfect Pasta Pizza Parlor. uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for pepperoni are $10.00 per order. and carrying costs are $8 per pound per year. Lead time for each order is 3 days, and the pepperoni itself costs $3.00 per pound. There are 200 working days in a year. What is the economic order quantity for pepperoni? r a-None of the other options are correct r b-60 pounds r =- 100 pounds r d-20 pounds r 2-40 pounds Question 12 Ann Wigs. owner of the Perfect Pasta Pizza Parlor. uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for pepperoni are $10.00 per order. and carrying costs are $8 per pound per year. Lead time for each order is 3 days, and the pepperoni itself costs $3.00 per pound. There are 200 working days in a year. What is the reorder point for pepperoni? r a-50 pounds r 1:-40 pounds r =- None of the other options are correct r d- 80 pounds r 2-20 pounds Question 13 Ann Wig; owner of the Perfect Pasta Pizza Pallor. uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for pepperoni are $10.00 per order. and carrying costs are $8 per pound per year. Lead time for each order is 3 days, and the pepperoni itself costs $3.00 per pound There are 200 working days in a year If she were to order 80 pounds of pepperoni at a time. what would be the length of an order cycle? r 6-4 days 12- 0.25 days =- 3 days d- 0 days 2- None of the other options are correct 1111 Question 14 Ann Wig; owner of the Perfect Pasta Pizza Pallor. uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for pepperoni are $10.00 per order. and carrying costs are $8 per pound per year. Lead time for each order is 3 days, and the pepperoni itself costs $3.00 per pound There are 200 working days in a year If she were to order 80 pounds of pepperoni at a time. what would be the average inventory level? r 6-40 pounds r b-l30 pounds r =- 20 pounds r d- None of the other options are correct r E- 80 pounds Question 15 Ann Wig; owner of the Perfect Pasta Pizza PaIlor. uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for pepperoni are $10.00 per order. and carrying costs are $8 per pound per year. Lead time for each order is 3 days, and the pepperoni itself costs $3.00 per pound There are 200 working days in a year If she were to order 80 pounds of pepperoni at a time. what would be the total yearly costs induding the cost of the pepperoni? a\"$12820 134321.820 C- None of the other options are conect d-$13.410 E-$15.412 11111 Question 16 Wal-Mart sells 10,000 cases of soda each year The manager is trying to determine how many cases of soda should be ordered each time an order is placed with the supplier. Ordeling cost is 85 per order. The annual carrying cost per case is 20% of its purchase price. The soda supplier oers Walmart the schedule of quantity discounts shown in the table below. No. of cases ordered Purchase Price per case 1 s Q