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The transportation model is appropriate to aggregateplanning if the cost and variable relationships are linear anddemand can be treated as probabilistic. a. True b. False

Counting items to ensure an order is correct is anexample of: a. Setup costb. ordering costc. carrying cost d. stockout cost e. holding cost

Which of the following statements is not true aboutcapacity management in operations?

Which of the following is not a reason for carryinginventory? a. to maintainindependence of operations b. to take advantage of economic purchase-ordersize c. to make the […]

Which of the following would not be classified as atime-series technique? a. Simplemoving average b. Exponential smoothing c. Box Jenkins techniqued. Regression modele. Trend projections

Under exponential smoothing if we want our forecast tobe very responsive to recent demand the value of alpha shouldbe:

Which of the following is not a typical projectmilestone?

Given that the previous forecast of 65 turned out to befour units less than the actual demand. The next forecast is 66.What would be the value […]

Which phrase most closely describes the Delphiforecasting technique? a. consumersurvey b. random individual opinions c. group of expertsopinions d.test markets e. historic data