Which of the following is considered a primary report in an MRP system?
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If annual demand is 6,125 units, annual holding cost is $5 p…
If annual demand is 6,125 units, annual holding cost is $5 per unit, and setup cost per order is $50, which of the following is the EOQ lot size?
A typical ERP system has modules that use the same user inte…
A typical ERP system has modules that use the same user interface, similar to that of Microsoft Office products.
It is difficult to identify the trend in time series data.
It is difficult to identify the trend in time series data.
A simple project listing of five activities and their respec…
A simple project listing of five activities and their respective time estimates are presented here: Using CPM, which activities make up the critical path?
For an activity in a CPM analysis, the early finish time is…
For an activity in a CPM analysis, the early finish time is 20 and the late finish time is 20. Which of the following statements is true?
Random errors in forecasting occur when an undetected secula…
Random errors in forecasting occur when an undetected secular trend is not included in a forecasting model.
Order scheduling is the step in the aggregate operations pla…
Order scheduling is the step in the aggregate operations planning process that immediately follows material requirements planning.
A company wants to forecast demand using the simple moving a…
A company wants to forecast demand using the simple moving average. If the company uses four prior yearly sales values (i.e., year 2013= 100, year 2014= 120, year 2015= 140, and year 2016= 210), which of the following is the simple moving average forecast for year 2017?
Delta Airlines agreed in 2011 to order 10 Airbus 330 Aircraf…
Delta Airlines agreed in 2011 to order 10 Airbus 330 Aircrafts from the French manufacturer, Airbus, for 140 million euros each for a total price of 1.40 billion euros with delivery scheduled for 2013. The value of the dollar depreciated 20% against the euro in this time period. What type of risk is Delta Airlines facing at the point when delivery and payment is made in 2013?