Question $1(1$ point$)$

Saved

Operations, marketing, and finance function are not related to each other in most organizations.

Question $1$ options:

True

False

Question $2(1$ point$)$

Saved

One feature of forecasting is that it is more accurate for shorter than longer time horizons.

Question $2$ options:

True

False

Question $3(1$ point$)$

Saved

Qualitative forecasting methods are objective & consistent.

Question $3$ options:

True

False

Question $4(1$ point$)$

Saved

Operational strategy should be aligned with the organizational strategies in business organizations.

Question $4$ options:

True

False

Question $5(1$ point$)$

Saved

MSE is the average of squared forecast errors.

Question $5$ options:

True

False

Question $6(1$ point$)$

Saved

Design capacity is the maximum capacity given product mix, scheduling difficulties, and other doses of reality.

Question $6$ options:

True

False

Question $7(1$ point$)$

Saved

For the exponential forecasting method, less weight to recent data results in less responsive to actual data and less smooth forecasts.

Question $7$ options:

True

False

Question $8(1$ point$)$

Saved

For any waiting line system, the waiting of customers in the system means that the system is overloaded.

Question $8$ options:

True

False

Question $9(1$ point$)$

Saved

Higher productivity for any business organization means that it is more competitive than its competitors.

Question $9$ options:

True

False

Question $10(1$ point$)$

Saved

In the capacity planning, utilization is the ratio value of the actual output over the effective capacity.

Question $10$ options:

True

False

Question $11(1$ point$)$

Saved

Use of productivity in the operations function is to continuously track the performance of the operations function over time.

Question $11$ options:

True

False

Question $12(1$ point$)$

Saved

Order Winners are some competitive priorities that must be met for a company to qualify as a competitor.

Question $12$ options:

True

False