2. (9 marks) Circle the correct answer for each question (1.5 marks each) 1) A company produces 1500 units per week and operates 5 days a week. Each week they use 8 kilograms of material. What is the material productivity of the operation? a) 187.5 units/kilogram/day b) 60 units/kilogram/day c) 37.5 units/kilogram/day d) 26.79 units/kilogram/day e) None of the choices are correct 2) Which of the following is not a step in the forecasting process? a) Determine the purpose of the forecast b) Eliminate any assumptions and rely solely on verifiable factual data c) Establish a forecasting horizon d) Select a forecasting technique e) Monitor the forecast 3) A company has fixed costs of $12,375, variable costs of $7.50 per unit and selling price of $10.25 per unit. What is the breakeven point: a) 1,207.32 units b) $1,650.00 c) 1,650 units d) $4,500.00 e) 4,500.00 units 4) Demand for weeks 1, 2, 3 and 4 is 109, 115, 125 and 150. With weights of 0.6, 0.25 and 0.15, (highest weight to most recent week), a weighted 3-week moving average forecast for week 5 is: a) 97.00 b) 122.75 c) 112.90 d) 138.50 e) 120.10