$7)$ An SWOT analysis determines:

A$)$ internal strengths and weaknesses and external opportunities and threats.

B$)$ external strengths sand weaknesses and internal opportunities and threats.

C$)$ internal strengths and opportunities and external weaknesses and threats. D$)$ external strengths and weaknesses and external opportunities and threats.

E$)$ internal strengths and weaknesses and internal opportunities and threats.

$8)$ A project organization:

A$)$ is most helpful for ongoing projects with no termination date. B$)$ is effective for companies

with multiple large projects. C$)$ is most helpful when the work contains simple and unrelated tasks.

D$)$ is appropriate only in construction firms. E$)$ often fails when the project cuts across organizational lines.

$9)$ Which of the following statements regarding Gantt charts is true?

A$)$ Gantt charts are visual devices that show the duration of activities in a project. B$)$ Gantt charts use the four standard spines of Methods, Materials, Manpower, and Machinery.

C$)$ Gantt charts are expensive.

D$)$ Gantt charts give a timeline and precedence relationships for each activity of a project.

E$)$ All of the above are true.

$10)$ A project being analyzed by PERT has $60$ activities, $13$ of which are on the critical path. If the estimated time along the critical path is $214$ days with a project variance of $100,$ what is the probability that the project will take $224$ days or more to complete?

A$)0\mathrm{.}8413$

B$)$ near zero

C$)2\mathrm{.}14$

D$)0\mathrm{.}0126$ E$)0\mathrm{.}1587$

$11)$ Which of the following is not a type of qualitative forecasting?

A$)$ market survey B$)$ Delphi method

C$)$ moving average

D$)$ jury of executive opinion

E$)$ sales force composite

$12)$ John's House of Pancakes uses a weighted moving average method to forecast pancake sales. It assigns a weight of $5$ to the previous month's demand, $3$ to demand two months ago, and $1$ to demand three months ago. If sales amounted to $1000$ pancakes in May, $2200$ pancakes in June, and $3000$ pancakes in July, what should be the forecast for August?

A$)2511$ B$)1622$

C$)2400$ D$)3767$

E$)2067$

$13)$ The tracking signal is the:

A$)$ standard error of the estimate.

B$)$ absolute deviation of the last period's forecast.

C$)$ MAPE.

D$)$ MAD.

E$)$ ratio of cumulative error$/$MAD