Test/quizzes Flashcards

1
Q

True or false when operations managers use forcasting models they should consider the forecast to be factual and complete

A

False

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Regression analysis can be used to project time series and cross sectional data

A

True

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

True or false four operations managers who are in charge of continuous flow processes the primary scheduling dilemma involves knowing the best time to switch from making one product to making another product

A

True

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

True or false although inventory can help companies meet demand maintaining inventory, hinders, accompanies efficiency, and increases costs

A

FAlse

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

True or false the pool system involves moving materials based on actual needs at successive work centers while the push system moves materials FaceTime preplanned schedule

A

True

How well did you know this?
1
Not at all
2
3
4
5
Perfectly