Author: Anonymous

The critical path in a CPM analysis is found by locating the activities times with zero slack.

If the best operating level of a piece of equipment is at a rate of 400 units per hour and the actual output during an hour is 300 units, which of the following is the capacity utilization rate?

In conducting aggregate operations planning, there are a number of required inputs. Which of the following inputs are considered external to the firm?

Within ERP, which set of applications is the largest and most complicated?

A company wants to forecast demand using the weighted moving average. If the company uses two prior yearly sales values (i.e., year 2015= 110 and year 2016= 130), and we want to weight year 2015at 10 percent and year 2016at 90 percent, which of the following is the weighted moving average forecast for year 2017?

If a vendor has correctly used marginal analysis to select its stock levels for the day (as in the newsperson problem in the text), and if the profit resulting from the last unit being sold ( Cu) is $0.90 and the loss resulting from that unit if it is not sold ( Co) is $0.50, which of the following is the probability of the last unit being sold?

In a decision tree, the only time probabilities are applied to a decision node is when the decision is being made by someone else such as you customer or your competitor.

Rather than try to adjust the master production schedule to change resource loads, it is more practical to control the flow at each bottleneck or CCR to bring capacities in line.

A strength of ERP systems is that it is not necessary to have consistent definitions across all functional areas.

One of the weaknesses of SAP is the inability to link with most mobile devices.