Question: B. [ 12 pts. ] Try to correct the following false statements by filling the blanks with appropriate selections: 1. [2 pts. ] False statement:

B. [ 12 pts. ] Try to correct the following false

B. [ 12 pts. ] Try to correct the following false statements by filling the blanks with appropriate selections: 1. [2 pts. ] False statement: A moving average forecast tends to be more responsive to changes in the data series when more data points are included in the average. Corrected Statement: A moving average forecast tends to be responsive to changes in the data series when more data points are included in the average. 2. [2 pts. ] False statement:The longer the forecast period, the more accurately the forecasts tend to track what actually happens. Corrected statement: The the forecast period, the more accurately the forecasts tend to track what actually happens. 3. [2 pts. ] False statement: System operation decisions usually require long-term commitment of resources. Corrected statement: System decisions usually require long-term commitment of resources. 4. [2 pts. ] False statement: Center of Gravity Method is used for locating a facility that minimizes transportation costs over rectilinear distances. Corrected statement: Method is used for locating a facility that minimizes transportation costs over rectilinear distances. 5. [2 pts. ] False statement: Carrying more inventory in order to achieve a lower level of customer service is a good example of trade-off. Corrected statement: Carrying more inventory in order to achieve a level of customer service is a good example of trade-off. 6. [2 pts. ] False statement: Strategies can be viewed as organizational destinations. Corrected statement: can be viewed as organizational destinations. less shorter median greater missions design wieszfeld policies goals parametric

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