Question: You are using an exponential smoothing model for forecasting. The running sum of the forecast error statistics (RSFE) are calculated each time a forecast is

You are using an exponential smoothing model for forecasting. The running sum of the forecast error statistics (RSFE) are calculated each time a forecast is generated. You find the last RSFE to be 40. Originally, the forecasting model used was selected because of its relatively low MAD of 0.4. To determine when it is time to re-evaluate the usefulness of the exponential smoothing model, you compute tracking signals. Which of the following is the resulting tracking signal? Select one: a. 8 b. 100 c. 85 d. 12.9 e. 13.6 You have just determined the theoretical number of workstations that will be used on an assembly line to be 6 using the assembly- line balancing procedure. The cycle time of the line is 5 minutes, and the sum of all that tasks required on the line is 25 minutes Which of the following is the correct value for the resulting line's efficiency? Select one: a. 0.500 b. 0.833 c. 0.973 d. 0.990 e Not enough information provided to calculate efficiency

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