{"id":204945,"date":"2018-09-14T04:48:55","date_gmt":"2018-09-14T04:48:55","guid":{"rendered":"http:\/\/localhost\/wordpress\/index.php\/2018\/09\/14\/bus-430-quiz-6\/"},"modified":"2018-10-24T08:56:26","modified_gmt":"2018-10-24T08:56:26","slug":"bus-430-quiz-6","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/bus-430-quiz-6\/","title":{"rendered":"BUS 430 QUIZ 6"},"content":{"rendered":"<p>Question 1\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd Safety capacity is intended for all of the following except\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 2\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd Which of the following is a short-term capacity decision?\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 3\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd According to the Theory of Constraints, ____ is the amount of money generated per time period through actual sales.\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 4\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd Safety capacity or a capacity cushion is\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 5\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd When the average unit cost of a good or service decreases as the capacity and\/or volume of throughput increases, it is called ____\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 6\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd Safety capacity is most closely related to\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 7\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd Which of the following is not correct relating to bottleneck resources?\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 8\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd For a non-bottleneck activity,\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 9\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd A doctor&#8217;s office would charge no-show patients $30 if they did not cancel their appointment 24 hours ahead of the appointment because\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 10\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd An entity in which idle capacity exists is called a ____.\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 11\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd All the following are means to adjust short-term capacity except\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 12\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd Which of the following is not a key consideration in long-term capacity strategy?\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 13\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd The long-term capacity expansion strategy that can be called a capacity straddle strategy is\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 14\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd The capacity expansion approach that provides the most safety capacity is\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 15\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd All the following are means to manage capacity by shifting and stimulating demand except\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 16\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd ____ forecasts are needed to plan work-force levels, allocate budgets among divisions and schedule jobs and resources.\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 17\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd A tracking signal provides a method for quantifying forecast\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 18\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd Repeatable periods of ups and downs over short periods of time are called ____.\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 19\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd A(n) ____ is a one-time variation that is explainable.\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 20\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd Which of the following is not a statistical method?\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 21\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd All of the following are important concepts in forecasting except\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 22\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd For single exponential smoothing,\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 23\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd Which of the following does not fit with the Delphi method?\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 24\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd If single exponential smoothing is used and the time series has a negative trend, the forecast will\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 25\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd Regular patterns in a data series that take place over long periods of time are called ____.\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 26\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd The forecasting error measurement that is different in that the measurement scale factor is eliminated is\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 27\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd An R2 of 0.80 means\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 28\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd Which of the following is not a valid approach to gathering data for judgmental forecasting?\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 29\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd All of the following are important in choosing a forecasting method except\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\tQuestion 30\t\u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd Regression analysis<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question 1 \u00a0 \ufffd \ufffd \ufffd \u00a0 \ufffd \ufffd \ufffd Safety capacity is intended for all of the following except \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \u00a0 \ufffd \ufffd \ufffd \ufffd \ufffd \ufffd \u00a0 \ufffd \ufffd \ufffd <a href=\"https:\/\/www.benedictsol.com\/blogs\/bus-430-quiz-6\/\" 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