Question 11 (7 points) FORECASTING COMPUTATION PROBLEM A business has the following weekly demand figures: Week 1 demand is 100: Week 2 demand is 50: Week 3 demand is 65: Week 4 demand is 75: Week 5 demand is 80. Using a four week moving average, what is your forecast for week 6? 1) 67.5 2) 72.5 3) 74 4) 65 Question 12 (1 point) In the heirarchy of capacity planning, which has the longest planning horizon? 1) Aggregate Planning 2) Facilities decisions 3) Scheduling Question 13 (1 point) Which of the following statements regarding capacity is NOT true? Select one. 1) Capacity can be measured in units such as hours of output, number of units produced, number of customers served, etc. 2) The 'maximum output of a process is not a meaningful measure. 3) Capacity is the maximum output that could be produced over a period of time. Question 14 (1 point) Which of the following is an option for influencing demand in the realm of Capacity Planning? Iselect one) 1) Using overtime 2) Hiring employees 3) Carrying inventory 4) Pricing Question 15 (1 point) Decide if the following statement is true or false. With the chase strategy, variations in demand will be absorbed by using such things as inventories, overtime, temporary workers, and subcontracting. 1) True 2) False