Which OPSCM maco designs / operations models / manufacturing environments use a forecast to plan for fulfillment of demand? Select one: A. MTO & ETO B. MTO  & MTS C. CTO & MTS D. ETO & MTS E. All of them use forecasts.    Clear my choice

Which one of the forecasting methods is capable of handling large amounts of data and uncovering complex relationships? O a. Qualitative forecasting O b. Weather forecasting O c. Quantitative forecasting O d. Sales forecasting

9 Which of the following techniques uses variables such as price and promotional expenditures, which are related to product demand, to predict demand? Select one: a. moving average b. associative models c. trend projection d. weighted moving average e. exponential smoothing

Quarter 2 Flora Co intends to expand the business to include a home delivery service. The delivery van is expected to cost $20,000 and the business has a 60% chance of the new delivery service being successful. The following decision tree has been produced to represent this decision. The final profit figures in the decision tree are based upon whether demand is good or poor for the new delivery service. Expand Cost of van ($20,000) Key D Don't expand Decision Outcome Success 0.6 Failure 0.4 A B Good 0.7 Poor 0.3 Good 0.2 Poor 0.8 $600,000 $100,000 $10,000 $8,000 $0

The quarterly demand for smartphones at a retailer is as show. Year Quarter Demand 1 I 513 1 II 932 1 III 1509 1 IV 1902 2 I 693 2 II 1163 2 III 1857 2 IV 2469   Forecast the quarter 1 demand for year 3 using the following models: 4-quarter simple moving average.   Simple exponential smoothing with α = 0.1. We assume that the forecasted value of quarter 1 is 500.   Which method is the most accurate and why?

Which of the following most requires long-range forecasting (as opposed to short-range or medium-range forecasting) for its planning purposes? A. production levels B. purchasing C. capital expenditures D. job scheduling E. cash budgeting