ntial problems iftbere is scarin ed: 22) Moving average faces A) Historical data

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ntial problems iftbere is scarin ed: 22) Moving average faces A) Historical data B) Calculation models C Tables Di Poor forocasting E All the above 23) Tracking signal measures A) The corelation betwoon dependent and independent variable B) How well the forocast is prodicting actual valucs B) The variance between actual and forecast O) The Mcan Absolute Deviation Di The forccasting across the organization E) The future hiring requirements 24) Some of the critical success factors for a site decision are A) Corporate desires B) Attractiveness of region C) Labor availability, cots, attitudes towards unions Di Costs and availabelity of utilities E None of the ahove 25) The fellowing is one of the potential advantages of globalizatinn A) Language barriers B) Currency risk ) Different Laws and reeulations D) Different business cultures E Avoid trade barriers 26) The Geographic Information System provide the lido ) Detailed census data B) Detailed maps C) Utilities Di Geographic features E) All the above 27) Outsourcing A) transfers traditional internal activities to outsade vendors B) utilizes the efficiency that comes with specialization C) allows the outsourcing firm to focus on its key success factons D, Aofthe above is true ofoutorang E None of the above is true of outsourcing 28) How can a reduction of in-transit inventory be encouraged A) supplier location near plants B) high setup costs C) low carrying costs Di use of trains, not tracks E low-cost, global supplicrs 29) Design capacity refers to: A) The capacity to design B) Maximum output rate under idcal conditions CMinimum output rate under idcal conditions D) Maximum output rate under normal conditions E) Minimum output rate under normal conditions 30) Effective utilization is calculated by applying the following formula: A) (Actual Input Effective capacity )100% B) (Actual Input / Design capacity )100% C) (Actual Output/ Effective capacity )100% D) (Actual Output / Design capacity )100% E) (Actual Input / Actual Output) 100 %

Explanation / Answer

At a time 4 questions are allowed:

Ans Comment 22 A Without history Moving average is not possible 23 B As it measures the forecasting bias 24 D A, B,C,D are all important, but most important is D 25 B Currency risk is minimized, all others are disadvantages

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