# BSOP 206 DeVry Week 2 Quiz Latest

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BSOP 206 DeVry Week 2 Quiz Latest

BSOP206

BSOP 206 DeVry Week 2 Quiz Latest

1. Question : (TCO 5) What is the forecast for May, based on a weighted moving average applied to the following past-demand data and using the weights 4, 3, and 2 (largest weight is for most recent data)?

Nov.    Dec.    Jan.     Feb.     Mar.     Apr.

37        36        40        42        47        41

• 42.5
• 33.6
• 40.3
• 44.1
• 43.22

Question 2. Question : (TCO 5) Jim’s department at a local department store has tracked the sales of a product over the last 10 weeks using exponential smoothing with an alpha of 0.3. In January, he forecasted \$150,000 in sales and achieved \$155,000 is sales. Using this same forecasting model, estimate Jim’s February sales.

• \$152,000
• \$155,000
• \$151,500
• \$105,000

Question 3. Question : (TCO 5) Using a 3-year moving average, forecast the amount for Year 10.

Year                Demand

1                      74

2                      90

3                      59

4                      91

5                      140

6                      98

7                      120

8                      123

9                      99

• Year 10 = 122.87
• Year 10 = 99.98
• Year 10 = 110.67
• Year 10 = 114

Question 4. Question : (TCO 7) Which of the following helps operations managers focus on the trivial few and the critical many?

• Value analysis
• Value engineering
• Financial analysis
• Product-by-value analysis
• None of the above

Question 5. Question : (TCO 7) Which of the following moments of truth exemplifies the customer’s standard expectations?

• Your advisor failed to keep his or her appointment with you

Question 6. Question : (TCO 7) Forecasts are usually classified by time horizon into three categories. What are they?

• Short-range, medium-short, and long-range
• Finance/accounting, marketing, and operations
• Strategic, tactical, and operational
• Exponential smoothing, regression, and time series
• Long-range, medium-range, and short-range :

Question 7. Question : (TCO 7) A product’s life cycle is divided into four stages, which are _____.

• introduction, growth, decline, and maturity
• introduction, growth, stability, and decline
• introduction, maturity, saturation, and decline
• introduction, growth, immaturity, and decline
• None of the above

Question 8. Question : (TCO 7) The specific components inputted into the fourth house in the house of quality are satisfied by _____.

• the quality plan
• customer requirements
• design characteristics
• the production process

Question 9. Question : (TCO 5) In time series, which of the following cannot be predicted?

• Random variations “blips”
• Technological trends
• Seasonal fluctuations
• Regular fluctuations
• Large decreases in demand

Question 10. Question : (TCO 6) Which of these statements best describes computer-aided design (CAD)?

• It is the interactive use of computers to design a product and prepare engineering documentation.
• The use of special computer programs to direct and control manufacturing equipment.
• It is the ability to depict objects in three-dimensional form.
• It is a visual form of communication in which images substitute for the real thing.

1. Question : (TCO 7) What is quality function deployment (QFD)? Provide an example of how it can be used.

Question 2. Question : (TCO 7) What are the benefits to manufacturability and value engineering?

Question 3. Question : (TCO 5) What are the benefits of quantitative and qualitative forecasting methods?

Question 4. Question : (TCO 5) Which one of the four components of a time series is rarely forecast, and why is this?

Question 5. Question : (TCO 6) What is a make-or-buy decision and why is it so important?