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.
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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?
Within ERP, which set of applications is the largest and mos…
Within ERP, which set of applications is the largest and most complicated?
A company wants to forecast demand using the weighted moving…
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 i…
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…
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.