Blog

A company wants to generate a forecast for unit demand for year 2017using exponential smoothing. The actual demand in year 2016was 120. The forecast demand in year 2016was 110. Using these data and a smoothing constant alpha of 0.1, which of the following is the resulting year 2017forecast value?

Precise capacity design or therate of service utilization (ρ), is application specific.

If a firm produced a product that was experiencing growth in demand, the smoothing constant alpha (reaction rate to differences) used in an exponential smoothing forecasting model would tend to be which of the following?

MES and SES are acronyms for “manufacturing environment scheduler” and “service environment scheduler” systems, respectively.

The customer grace period is a time span having some specified level of opportunity for the customer to make changes.

In the cash-to-cash cycle calculation, if the cost of goods sold per day increases, but all other data such as average inventory and average payables and receivables remain the same, then the value of cash-to-cash cycle will

On which four major areas do ERP modules typically focus?

Which of the following is not an aspect of ERP that determines quality?

One of the main purposes of an MRP system is which of the following?

The four sub-functions: procurement, manufacturing, sales and distribution in the manufacturing operating cycle. Chhose the most appropriate choice which describes the goal of these sub-functions.