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BSOP 206 DeVry Week 2 Quiz Latest

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<strong>BSOP</strong> <strong>206</strong> <strong>DeVry</strong> <strong>Week</strong> 2 <strong>Quiz</strong> <strong>Latest</strong><br />

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<strong>BSOP</strong> <strong>206</strong> <strong>DeVry</strong> <strong>Week</strong> 2 <strong>Quiz</strong> <strong>Latest</strong><br />

<strong>BSOP</strong><strong>206</strong><br />

<strong>BSOP</strong> <strong>206</strong> <strong>DeVry</strong> <strong>Week</strong> 2 <strong>Quiz</strong> <strong>Latest</strong><br />

1. Question : (TCO 5) What is the forecast for May, based on a weighted moving average applied to the following<br />

past-demand data and using the weights 4, 3, and 2 (largest weight is for most recent data)?<br />

Nov. Dec. Jan. Feb. Mar. Apr.<br />

37 36 40 42 47 41<br />

o 42.5<br />

o 33.6<br />

o 40.3<br />

o 44.1<br />

o 43.22<br />

Question 2. Question : (TCO 5) Jim's department at a local department store has tracked the sales of a product<br />

over the last 10 weeks using exponential smoothing with an alpha of 0.3. In January, he forecasted $150,000 in sales<br />

and achieved $155,000 is sales. Using this same forecasting model, estimate Jim’s February sales.<br />

o $152,000<br />

o $155,000<br />

o $151,500<br />

o $105,000<br />

Question 3. Question : (TCO 5) Using a 3-year moving average, forecast the amount for Year 10.<br />

Year<br />

Demand<br />

1 74<br />

2 90<br />

3 59<br />

4 91<br />

5 140<br />

6 98<br />

7 120<br />

8 123


9 99<br />

o Year 10 = 122.87<br />

o Year 10 = 99.98<br />

o Year 10 = 110.67<br />

o Year 10 = 114<br />

Question 4. Question : (TCO 7) Which of the following helps operations managers focus on the trivial few and<br />

the critical many?<br />

o<br />

o<br />

o<br />

o<br />

o<br />

Value analysis<br />

Value engineering<br />

Financial analysis<br />

Product-by-value analysis<br />

None of the above<br />

Question 5. Question : (TCO 7) Which of the following moments of truth exemplifies the customer's standard<br />

expectations?<br />

o<br />

o<br />

o<br />

o<br />

Your advisor made you wait, even though you had an appointment.<br />

You had to visit once to reach your academic advisor.<br />

Your advisor was competent, helpful, and understanding.<br />

Your advisor failed to keep his or her appointment with you<br />

Question 6. Question : (TCO 7) Forecasts are usually classified by time horizon into three categories. What are<br />

they?<br />

o Short-range, medium-short, and long-range<br />

o Finance/accounting, marketing, and operations<br />

o Strategic, tactical, and operational<br />

o Exponential smoothing, regression, and time series<br />

o Long-range, medium-range, and short-range :<br />

Question 7. Question : (TCO 7) A product's life cycle is divided into four stages, which are _____.<br />

o<br />

o<br />

o<br />

o<br />

o<br />

introduction, growth, decline, and maturity<br />

introduction, growth, stability, and decline<br />

introduction, maturity, saturation, and decline<br />

introduction, growth, immaturity, and decline<br />

None of the above<br />

Question 8. Question : (TCO 7) The specific components inputted into the fourth house in the house of quality<br />

are satisfied by _____.<br />

o<br />

o<br />

o<br />

o<br />

the quality plan<br />

customer requirements<br />

design characteristics<br />

the production process<br />

Question 9. Question : (TCO 5) In time series, which of the following cannot be predicted?<br />

o<br />

o<br />

o<br />

o<br />

o<br />

Random variations “blips”<br />

Technological trends<br />

Seasonal fluctuations<br />

Regular fluctuations<br />

Large decreases in demand


Question 10. Question : (TCO 6) Which of these statements best describes computer-aided design (CAD)?<br />

o<br />

o<br />

o<br />

o<br />

It is the interactive use of computers to design a product and prepare engineering documentation.<br />

The use of special computer programs to direct and control manufacturing equipment.<br />

It is the ability to depict objects in three-dimensional form.<br />

It is a visual form of communication in which images substitute for the real thing.<br />

1. Question : (TCO 7) What is quality function deployment (QFD)? Provide an example of how it can be used.<br />

Question 2. Question : (TCO 7) What are the benefits to manufacturability and value engineering?<br />

Question 3. Question : (TCO 5) What are the benefits of quantitative and qualitative forecasting methods?<br />

Question 4. Question : (TCO 5) Which one of the four components of a time series is rarely forecast, and why<br />

is this?<br />

Question 5. Question : (TCO 6) What is a make-or-buy decision and why is it so important?

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