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GSCM206 Quiz Week 2

GSCM206 Quiz Week 2

A+

(TCO 5) What is the forecast for November, based on a weighted moving average applied to the following past-demand data and using the weights 4, 2, and 0 (largest weight is for most recent data)?

10.3

10.5

12.66

21

(TCO 5) Jim’s department at a local department store has tracked the sales of a product over the last 10 weeks using exponential smoothing with an alpha of 0.3. In January, he forecasted $150,000 in sales and achieved $155,000 is sales. Using this same forecasting model, estimate Jim’s February sales. (Points : 3)

$152,000

$155,000

$151,500

$105,000

(TCO 5) Weekly sales of 10-grain bread at the local Whole Foods Market are in the table below. Based on this data, forecast Week 9 using a 3-week moving average.
Week Demand 

1         415
2         389
3         420
4         382
5         410
6         432
7         380
8         420 (Points : 3)

407.3

422.8

380.22

410.66

(TCO 5) What is the third step in building a house of quality? (Points : 3)

Relate customer wants to product hows.

Develop importance ratings.

Evaluate competing products.

Determine how our goods and services will satisfy our customers.

Identify customer wants.

(TCO 6) Which of the following is not true regarding computer-aided design (CAD)? (Points : 3)

It is not expensive to use in most manufacturing and design settings.

It is a newer technology and is in significant use.
It results in longer development cycles for virtually all products.
It is the use of computers to interactively design products and prepare engineering documentation.

(TCO 7) In which stage of the product life cycle does product development take place? (Points : 3)

Introduction

Growth

Maturity

Decline

(TCO 7) A product’s life cycle is divided into four stages, which are _____. (Points : 3)

Maturity, decline, introduction, and growth

Introduction, growth, stability, and decline

Introduction, maturity, saturation, and decline

Introduction, growth, maturity, and decide

None of the above

(TCO 7) Which of the following helps to keep production running when small variations in production or assembly occur? (Points : 3)

Modular design

Value engineering

Value analysis

Robust design

PLM

(TCO 5) In time series, which of the following cannot be predicted? (Points : 3)

Random variations “blips”

Technological trends

Seasonal fluctuations

Regular fluctuations

Large decreases in demand

(TCO 6) Which of these statements best describes computer-aided design (CAD)? (Points : 3)

It is the interactive use of computers to design a product and prepare engineering documentation.

The use of special computer programs to direct and control manufacturing equipment.

It is the ability to depict objects in three-dimensional form.

It is a visual form of communication in which images substitute for the real thing.