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If the actual output of a piece of equipment during an hour…
If the actual output of a piece of equipment during an hour is 500 units and its best operating level is at a rate of 400 units per hour, which of the following is the capacity utilization rate?
A company has actual unit demand for three consecutive years…
A company has actual unit demand for three consecutive years of 124, 126, and 135. The respective forecasts for the same three years are 120, 120, and 130. Which of the following is the resulting MAD value that can be computed from these data?
Random errors can be defined as those that cannot be explain…
Random errors can be defined as those that cannot be explained by the forecast model being used.
Notate the (one) dimensional spatial scale through graphing…
Notate the (one) dimensional spatial scale through graphing or simply writing the symbols. (Bonus – 1 Pt.) In the LMA framework this scale is also called the ____________ scale.
Directional movement may be arc-like OR spoke-like. Provide…
Directional movement may be arc-like OR spoke-like. Provide an example of a situation in which a person would utilize: 1. Arc-like movement and, 2. Spoke-like movement.
Which of the following is considered a “pure” production pla…
Which of the following is considered a “pure” production planning strategy?
The critical path in a CPM analysis is found by locating the…
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…
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 num…
In conducting aggregate operations planning, there are a number of required inputs. Which of the following inputs are considered external to the firm?