The generic operations strategy that reduces the time needed to add new product and process designs and allows volume and design changes and product variety is referred to as $\_\_\_\_\_\_\_\_\_\_\_\_\_.$Question $7$ options:low labour cost strategyscale$-$based strategyfocused factories strategyoutsourcingflexible factories strategy$4$Disadvantages of naive forecasts include:Question $8$ options:time$-$consuming to prepareit is expensive to usethe technique is difficult to understandinability to provide highly accurate forecaststime to develop a forecast is lengthyWhich of the following is not a type of service operations?Question $9$ options:Retail tradeTransportation and warehousingFabrication of metalsBankingHotels and restaurantsA systems approach emphasizes interrelationships among subsystems, but its main theme is that the whole is greater than the sum of its individual parts.Question $10$ options:TrueFalseModels are simplified representations of something and thus ignore important aspects of a situation.Question $11$ options:TrueFalseIt is essential to use the systems approach when something is being designed, redesigned, implemented, improved, or otherwise changed.Question $12$ options:TrueFalseimple exponential smoothing is being used to forecast demand. The previous forecast of $66$ turned out to be $3$ units less than actual demand. The next forecast is $66\mathrm{.}6,$ implying a smoothing constant, alpha, equal to:Question $13$ options:$0\mathrm{.}010\mathrm{.}100\mathrm{.}150\mathrm{.}200\mathrm{.}60$Moral principles that govern a person's behaviour are called what?Question $14$ options:PrioritiesTrade$-$OffsWork designEthicsMotivationTime series techniques involve identification of explanatory variables that can be used to predict future demand.Question $15$ options:TrueFalseHistorical analogies are best suited for which of the following?Question $16$ options:When forecasting established products.When forecasting new services.When an identified trend is present.When there is seasonality in demand.When forecasting new but similar products.Which of the following is NOT considered a Green initiative?Question $17$ options:Reducing packagingBuying locallyExpanding globalizationConserving water and energy useRecyclingThe demand for cranberry$-$apply drink can be used to forecast the demand for cranberry$-$grape drink. Which judgemental method is this?Question $18$ options:Executive opinions.Historical analogies.Consumer surveysExpert opinionsTime series analogyThe dean of a school of business is forecasting total student enrolment for this year's summer session classes based on the following historical data:YEARTOTAL ENROLMENTFour years ago$2,000$Three years ago$2,200$Two years ago$2,800$Last year$3,000$What is this year's forecast using exponential smoothing with alpha $=\mathrm{.}4,$ if last year's smoothed forecast was $2600?$Question $19$ options:$2,6002,7602,8003,8403,000$PageForecasts based on time series $($historical$)$ data are referred to as associative forecasts.Question $20$ options:TrueFalseOperations managers are responsible for managing activities and resources that produce goods and$/$or provide services.Question $22$ options:TrueFalseIn exponential smoothing, an alpha of $\mathrm{.}30$ will cause a forecast to react more quickly to a large error than will an alpha of $\mathrm{.}20.$Question $23$ options:TrueFalseThe hierarchy of planning and decision$-$making is: mission$/$vision$,$ goals, strategies, tactics, and action plans.Question $24$ options:TrueFalseWhich is not a quantitative technique to problem solving?Question $25$ options:Linear programmingQueuing techniquesStatistical techniquesHeuristic approachForecasting techniquesThe president of Northern University wants to forecast student enrolments for this academic year based on the following historical data:YEARENROLMENTS$5$ years ago$15,0004$ years ago$16,0003$ years ago$18,0002$ years ago$20,000$Last year$21,000$What is the forecast for this year using the naive approach?Question $26$ options:$18,75019,50021,00022,00022,800$An example of an operations control decision is the choice of location.Question $27$ options:TrueFalseOne weakness of the Delphi method is that there is a high risk that one person's opinion will prevail.Question $29$ options:TrueFalseManagement information systems $($MIS$)$ are concerned with providing management with the information it needs to effectively manage.Question $30$ options:TrueFalse