Question 24 7 pts You are developing MPS for an end item. Suppose that demand forecast for a certain period is 40 units and that the total amount of customer orders due in that period is 20 units. What is the projected requirement of the item for that period? 20 units O 35 units 40 units 55 units O 100 units Question 25 7 pts Which of the following types of waste does lean production try to eliminate? 1. Overproduction II. Inventory III. Waiting IV. Defects I only ll only I and II only I, II and III only O I, II, III and IV Question 26 7 pts Suppose you want to use the exponential smoothing method with = 0.5. If the forecast was 120 and the forecast error turned out to be-20 for the current period, what is the forecast for the next period? 100 O 110 120 0 130 O 140 Question 27 7 pts In the simple moving average method, as the number of data points in the average calculation (n) increases, the forecasts become more responsive to changes in demand. True O False Question 28 7 pts Delphi method is a qualitative forecasting method in which forecasts are developed by a group of people from a variety of positions and departments through open meetings. O True False Question 29 7 pts You are calculating the projected available balance (PAB) of an item for a certain period. Suppose the PAB of the item at the end of the previous period is 30 units. If the total amount of scheduled and planned receipts is 50 units and the gross requirement is 60 units, what will be the PAB at the end of the period? 0 - 10 units 10 units 20 units O 30 units 40 units Question 30 7 pts SOP develops sales and operations plans over the next several months at an aggregate level. True False n Question 31 7 pts In a pull system, all the production and procurement activities are triggered by actual consumptions. True O False