1. At the best operating level, this condition exists: Select one: a. economies of scale b. None of the alternatives is correct. c. total fixed cost equals total variable cost d. minimum average unit costs 2. Which of the following factors underlying the concept of capacity makes its use and understanding somewhat complex: Select one: a. All of the alternatives are correct. b. what level of capacity is being discussed c. production rates of different products and services are not the same d. day to day variations combine to make the output rate of facilities uncertain 3. All of the following are ways to measure capacity EXCEPT: Select one: a. input rate b. aggregate unit rate c. percentage of utilization d. least average unit cost 4. The relationship between "b" and "r" is: Select one: a. There is no relationship. b. b can be negative or positive; r can only be positive c. the sum of their values equals zero d. their signs must be the same 5. Which of the following is NOT an example of a short term forecasting technique: Select one: a. tracking signal b. moving average c. weighted moving average d. exponential smoothing 6. The forecasting model that makes use of the "least squares" method is: Select one: a. exponential smoothing b. weighted moving average c. moving average d. regression 7. The entire network of transportation that receives materials, stores them in inventories, moves them about between processing points within and between buildings, and finally deposits the finished products into vehicles that will deliver them to customers is called a: a. conveyor system b. traffic network c. materials handling system d. plant-wide exchange system 8. Declining costs that result from fixed costs being spread over more and more units is called: a. diseconomies scale b. economies scale c. economies od scope d. diminishing returns 9.The objective function in a transportation problem that is used to model a warehouse location decision is most likely to:The objective function in a transportation problem that is used to model a warehouse location decision is most likely to:The objective function in a transportation problem that is used to model a warehouse location decision is most likely to:The objective function in a transportation problem that is used to model a warehouse location decision is most likely to: a. maximize annual revenues b. maximize potential profits from the various alternatives c. maximize daily cash flow d. minimize transportation and handling costs 10. Which of the following factors underlying the concept of capacity makes its use and understanding somewhat complex: a. all of the alternatives are correct b. what level of capacity is being discussed c. production rates of different product and service are not the same d. day to day variations combine to make the output rate of facilities uncertain