True $/$ False Questions

Indicate whether the statement is true or false.

If people would only work harder, productivity would increase.

Forecasting techniques generally assume an existing causal system that will continue to

exist in the future

When new products or services are introduced, focus forecasting models are an attractive

option.

A moving average forecast tends to be more responsive to changes in the data series when

more data points are included in the average.

In exponential smoothing, an alpha of $1\mathrm{.}0$ will generate the same forecast that a na$$ve

forecast would yield.

Organizations that are capable of responding quickly to changing requirements can use a

shorter forecast horizon and therefore benefit from more accurate forecasts.

$.$ The purpose of the forecast should be established first so that the level of detail, amount of

resources, and accuracy level can be understood.

Service often requires greater labor content, whereas manufacturing is more capital

intensive.

A Job$-$Shop processing system generally requires less skilled workers than a continuous

processing system.

"Balance delay" is another name for the percentage of idle time in a process layout.

Cycle time is the maximum time allowed for each workstation to complete its work on

each unit.

Efficiency $=\frac{{\displaystyle \underset{?}{\overset{?}{}}}t}{N**CT}$