Course Operations ManagementTest Quiz 6 Instructions This quiz consist of 30 multiple choice questions. The first 15 questions cover the material in Chapter 10. The second 15 questions cover the material in Chapter 11. Be sure you are in the correct Chapter when you take the quiz. Question 1 All the following are means to manage capacity by shifting and stimulating demand except Question 2 A capacity straddle strategy is related to Question 3 An organization that would typically use a revenue management system is Question 4 Referring to a Revenue Management System (RMS), which of the following is not a component? Question 5 A focused factory is least likely to focus on Question 6 Safety capacity or a capacity cushion is Question 7 Safety capacity or a capacity cushion is Question 8 Which of the following is a short-term capacity decision? Question 9 For a non-bottleneck activity, Question 10 Which of the following is not correct relating to bottleneck resources? Question 11 Safety capacity is most closely related to Question 12 An entity in which idle capacity exists is called a ____. Question 13 According to the Theory of Constraints, ____ is the amount of money generated per time period through actual sales. Question 14 The capacity expansion approach that provides the most safety capacity is Question 15 Revenue Management Systems (RMS) Question 16 A group of international experts published a set of principles of forecasting that includes all of the following except Question 17 The forecasting error measurement that is different in that the measurement scale factor is eliminated is Question 18 A tracking signal provides a method for quantifying forecast Question 19 Repeatable periods of ups and downs over short periods of time are called ____. Question 20 Regular patterns in a data series that take place over long periods of time are called ____. Question 21 Regression analysis Question 22 ____ forecasts are needed to plan for facility expansion. Question 23 ____ forecasts are needed to plan work-force levels, allocate budgets among divisions and schedule jobs and resources. Question 24 A moving average model works best when ____ in the time series. Question 25 Exponential smoothing… Question 26 All of the following are important concepts in forecasting except Question 27 If single exponential smoothing is used and the time series has a negative trend, the forecast will Question 28 Which of the following is not a valid approach to gathering data for judgmental forecasting? Question 29 Which is not true regarding simple exponential smoothing? Question 30 Which of the following does not fit with the Delphi method?Course Operations ManagementTest Quiz 6 Instructions This quiz consist of 30 multiple choice questions. The first 15 questions cover the material in Chapter 10. The second 15 questions cover the material in Chapter 11. Be sure you are in the correct Chapter when you take the quiz. Question 1 All the following are means to manage capacity by shifting and stimulating demand except Question 2 A capacity straddle strategy is related to Question 3 An organization that would typically use a revenue management system is Question 4 Referring to a Revenue Management System (RMS), which of the following is not a component? Question 5 A focused factory is least likely to focus on Question 6 Safety capacity or a capacity cushion is Question 7 Safety capacity or a capacity cushion is Question 8 Which of the following is a short-term capacity decision? Question 9 For a non-bottleneck activity, Question 10 Which of the following is not correct relating to bottleneck resources? Question 11 Safety capacity is most closely related to Question 12 An entity in which idle capacity exists is called a ____. Question 13 According to the Theory of Constraints, ____ is the amount of money generated per time period through actual sales. Question 14 The capacity expansion approach that provides the most safety capacity is Question 15 Revenue Management Systems (RMS) Question 16 A group of international experts published a set of principles of forecasting that includes all of the following except Question 17 The forecasting error measurement that is different in that the measurement scale factor is eliminated is Question 18 A tracking signal provides a method for quantifying forecast Question 19 Repeatable periods of ups and downs over short periods of time are called ____. Question 20 Regular patterns in a data series that take place over long periods of time are called ____. Question 21 Regression analysis Question 22 ____ forecasts are needed to plan for facility expansion. Question 23 ____ forecasts are needed to plan work-force levels, allocate budgets among divisions and schedule jobs and resources. Question 24 A moving average model works best when ____ in the time series. Question 25 Exponential smoothing… Question 26 All of the following are important concepts in forecasting except Question 27 If single exponential smoothing is used and the time series has a negative trend, the forecast will Question 28 Which of the following is not a valid approach to gathering data for judgmental forecasting? Question 29 Which is not true regarding simple exponential smoothing? Question 30 Which of the following does not fit with the Delphi method?