What would be the forecasted sales for Week 7, using a four-week moving average?

• 4000

• 4250

• 3000

• 5500

Which of the following is a feasible value for the correlation coefficient?

• – 2.0

• 1.2

• 0

• + 1.2

• $4403

• $4673

• $8483

• $6443

Use the equation to predict how far this person will travel after 10 hours of driving.

• 10 miles
• 617.5 miles
• 0.19 miles
• 500 miles

The value of α (smoothing constant) in exponential smoothing method is

• Between – 1 to + 1

• Between 0 to 1

• Between – 2 to + 2

• Can’t be defined

• 62 units

• 63.2 units

• 63.8 units

• 65 units

• 431

• 9587

• 10706

• 11000

Discuss the role of technology in improving sales and demand forecasting.

• Technology only adds complexity and confusion to the process

• Technology provides outdated data and manual processes

• Technology provides real-time data, advanced analytics, and automation of processes.

• Technology has no impact on sales and demand forecasting

Operations management _________________.

• involve in obtain funds and tracks the finance performing

• is the set of activities that transforming inputs into outputs

• creates demand and get customers

• involve the management of employee from recruitment to retirement

Which of the given answer is the characteristics of the services?

• often knowledge base

• production usually separate from consumption

• can be inventoried

• low customer interaction