A firm uses a production environment where pre-assembled components, subassemblies, and modules are put together in response to specific customer orders. This form is called: An engineer to order firm A customer service firm A make to order firm An assemble to order form A make to stock firm Question 17 6.25 pts The Tracking Signal diagram below indicates that the forecasting model Tracking Signal o 1 2 3 4 5 6 7 8 -1 -2 -3 -4 -5 provides lower estimates than the actuals provides higher estimates than the actuals is an accurate model none of the above Question 18 6.25 pts If a firm produced a product that was experiencing growth in demand, the smoothing constant alpha (reaction rate to differences) used in an exponential smoothing forecasting model would tend to be which of the following? The more rapid the growth, the lower the percentage SON or more A very low percentage, less than 10% The more rapid the growth, the higher the percentage Close to zero Question 19 6.25 pts Which of the following forecasting methods conceals the identity of participants to eliminate intimidation by higher-ranking staffs that may occur in panel consensus? Weighted moving average Historical analogy Simple moving average Time series analysis Delphi method Question 20 6.25 pts A company has actual unit demand for three consecutive years of 124, 126, and 130. The respective forecasts for the same three years are 120, 120, and 135. Which of the following is the resulting MAD value that can be computed from this data? O3 O 1 123 5 167 Question 21 6.25 pts Given a prior forecast demand value of 230, a related actual demand value of 250, and a smoothing constant alpha of 0.1, what is the exponential smoothing forecast value for the following period? 230 232 248 250 238