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Question
(p. 53) A company wants to forecast demand using the simple moving average. If the company uses three prior yearly sales values (i.e., year 2011 = 130, year 2012 = 110, and year 2013 =160), which of the following is the simple moving average forecast for year 2014?
A. 100.5
B. 122.5
C. 133.3
D. 135.6
E. 139.3
Answer
This answer is hidden. It contains 44 characters.
Related questions
Q:
(p. 463) A favorable business climate in facility location decision-making might include local government providing basic skill training for prospective members of the workforce.
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2 _______________________
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(p. 447) The step in the Six-step Process for Green Sourcing where a set of metrics against which the supplier will be measured for the contract's duration is called: ______________________.
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A. Quality costs
B. Maintenance and repair costs
C. Environmental costs
D. Supply chain costs
E. Customer dissatisfaction costs
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(p. 447) The six-step process for green sourcing includes which of the following?
A. Provide a press release to local (and perhaps national) media.
B. Include members of environmental groups in the decision
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D. Perform an environmental impact study
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Q:
(p. 441) Which of the following is not an improvement-driven reason for outsourcing?
A. Improve quality and productivity
B. Enhance effectiveness by focusing on what you do best
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(p. 439) In Hau Lee's uncertainty framework to classify supply chains, a supply chain for functional products with a stable supply process is called which of the following?
A. Efficient
B. Forward looking
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Q:
(p. 451) If the average aggregate inventory value is $100,000 and the cost of goods sold is $450,000, which of the following is inventory turnover?
A. 19.23
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(p. 451) If the average aggregate inventory value is $1,200,000 and the cost of goods sold is $600,000, which of the following is inventory turnover?
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(p. 451) The inventory turnover ratio used in measuring supply-chain efficiency is found by the ratio of which of the following?
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(p. 443) Capability Sourcing refers to outsourcing the functions that they do best to trusted key partners.
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(p. 443) A firm that controls most of the activities in its supply chain is said to be vertically integrated.
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(p. 445) An important opportunity in green sourcing is waste reduction opportunities.
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(p. 441) A financially-driven reason for outsourcing is that it can help gain access to new markets, especially in developing countries.
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(p. 441) An organizationally-driven reason for outsourcing is that it can transform the organization.
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(p. 440) Outsourcing allows a firm to achieve an improved focus on its core competencies.
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(p. 440) Outsourcing is the act of moving some of a firm's internal activities and decision responsibility to outside providers.
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(p. 465, 471) As a facility location consultant, would you advise a client wanting to locate a retail service facility differently than you would advise a client wanting to locate an on-line stock trading operation? Explain.
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(p. 461) Name the five of the six transportation modes discussed in the textbook. 1) ____________________
2) ____________________
3) ____________________
4) ____________________
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2) ___________________
3) ___________________
4) ___________________
5) ___________________
6) ___________________
7) ___________________
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A. Inventory holding cost will increase non-linearly with inventory
B. Total costs will be lower for the regular lot-size operation
C. Total costs will be lower for the Kanban/lean production operation
D. The order quantity will be larger for the Kanban/lean production approach
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(p. 417) To implement a flow process in developing a lean system a firm might do which of the following?
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(p. 418) In implementing a lean production system you should work with suppliers to do which of the following?
A. Open facilities near your factory
B. Focus workstation capacities
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A. 60
B. 80
C. 90
D. 120
E. 150
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(p. 414) Which of the following are elements that address elimination of waste under lean production?
A. Production ahead of demand
B. Group plant loading technology
C. Kanban production control system
D. Minimized run times
E. Full capacity utilization
Q:
(p. 404) In the textbook Toyota's Fujio Cho identified which of the following types of waste to be eliminated?
A. Underproduction
B. Excess quality
C. Preventive maintenance
D. Product defects
E. Kaizen
Q:
(p. 470) Plant A is located at the (X, Y) coordinates of (200, 500) and has a volume of shipping of 400 units a day. Plant B is located at the (X, Y) coordinates of (300, 100) and has a volume of shipping of 300 units a day. Using the centroid method, which of the following is the X coordinate for the new plant location?
A. About 208
B. About 227
C. About 243
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Q:
(p. 463) Which of the following is not a criterion that influences manufacturing plant or warehouse facility location decisions?
A. Government barriers
B. Trading blocs
C. Environmental regulation
D. Immigration rules
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Q:
(p. 463) Which of the following is a not criterion that influences manufacturing plant or warehouse facility location decisions?
A. Suppliers
B. Free trade zones
C. Political risk
D. Gross national product
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Q:
(p. 465) Facility location decisions are made using analytical techniques that are able to weigh a large number of different variables equally.