Question: 11. Cause and effect is an assumption which would guide decision making when attempting to forecast the impact of a new government regulation. 1. Cause

11. Cause and effect is an assumption which would guide decision making when attempting to forecast the impact of a new government regulation.

1. Cause and effect is an assumption which would guide decision making when attempting to forecast the impact of a new government regulation.

True or False

2. Choice of the forecast method that minimizes systemic error should be the goal.

true or false

3. Average percent change as a forecasting method relies on what primary assumption?

a. Cause and effect
b. The past predicts the future
c. No assumption

4. Best fit predictor is the quantitative rationale for choosing between forecasting methods.

true or false

5. Algebraic linearity is the fundamental mathematical principle behind regression.

true or false

6. System capacity is finite. It is created by the resources available to the system.

trueor false

7. Service systems used to provide medical care are complex and involve many steps. The capacity of any service system is determined by the capacity of each individual step in the production process. The step that has the lowest capacity determines the capacity of the entire system.

true or false

8. In the language of queuing theory, reneging occurs when a unit waiting in line for service decides that the wait is too long and leaves the line and jockeying occurs when a unit switches lines in order to get on a shorter line

true or false

9. The validity of queuing theory calculations is based on whether arrivals for the line are described by the Poisson probability distribution.

true or false

10. In a single channel single server system, if the service rate is 6 per hour and the arrival rate is 4 per hour, then the probability that a unit must wait (Pw) is 67%.

true or false

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