Using exponential smoothing, if we want forecasts to be very responsive to recent demand, the value of alpha should be:
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The ABC Cement Corporation produces a high quality cement th…
The ABC Cement Corporation produces a high quality cement that is supplied to construction companies. The potential demand and the probability of each potential demand quantity are given for the upcoming year. Demand in tons Probability 150,000 0.3 300,000 0.4 600,000 0.3 Assuming a planned capacity of 750,000 tons, what is the expected utilization? Report your answer in the nearest percentage integer without the percentage sign. For example, if the answer is 25.8%, report 26 below and not 0.26. Expected value –
Justify your answer above in two or three sentences.
Justify your answer above in two or three sentences.
True or False: In an assemble-to-order process, the sub-asse…
True or False: In an assemble-to-order process, the sub-assemblies or the components are made to order, while the final product is made to stock.
What is the Cp index for the process? Round your answer to t…
What is the Cp index for the process? Round your answer to two digits after decimal (remember the rounding rules: if the next digit is 4 or less, we round down. If it is 5 or higher, we round up).
What are the three components of the triple bottom line conc…
What are the three components of the triple bottom line concept in sustainable supply chain and operations?
Which of the following is true about throughput time?
Which of the following is true about throughput time?
True or False: Process thinking is the point of view that al…
True or False: Process thinking is the point of view that all work can be seen as a process.
Which of the following correctly contrasts two types of prod…
Which of the following correctly contrasts two types of product-flow processes?
Which of the below is the most accurate definition of sustai…
Which of the below is the most accurate definition of sustainability?