OM_CSE1_Quiz1

 Which structure combines functional and product-based groupings?

• Flat

• Matrix

• Divisional

• Functional

 Why is productivity important for individuals and organizations?

• To increase profits

• To reduce stress

• To achieve goals more efficiently

• All of the them

Therblig symbol for hold is represented by?

• Sh

• H

• G

• TL

The main objective of capacity planning is to:

• maximize production volume regardless of demand

  
  

• ensure production capabilities meet predicted demand

• minimize costs at all expense

• increase profits regardless of customer satisfaction

 A moving average forecast uses historical data points to predict future demand. If the last three months' demand was 100, 120, and 110 units, what is the next month's forecasted demand using a simple 3-period moving average?

• 100

• 110

• 120

• 113.33

Which of the following is NOT a benefit of good demand forecasting?

• Reduced inventory carrying costs

• Improved customer satisfaction

• More efficient production scheduling

• Increased risk of stockouts

Which forecasting technique uses historical data to identify and account for seasonal patterns?

•  Naive forecast

•  Autoregressive integrated moving average (ARIMA)

  
  

• Linear regression

•  Delphi method

What technique uses a weighted average of recent historical data to forecast future demand?

• Linear regression

• Seasonal forecasting

• Exponential smoothing

•  Naive forecast

Which production system produces a small batch of different products?

• Mass production

  
  

• Batch production

• Continuous production

• Job shop production

Which stage of the process life cycle involves identifying and documenting process requirements?

• Design

•  Implementation

• Analysis

• Monitoring and improvement