Exam 1 solutions

Exam 1 solutions - NAME Circle Section Time: 9:30 11 EXAM1...

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NAME Circle Section Time: 9:30 11 EXAM1 BUSQOM 1070, Spring 2011 Directions 1. Take a minute to quickly go over all the questions first before you start writing your answers. 2. The exam is worth 85 points and time allowed is 1 hour 15 minutes - pace yourself accordingly. 3. Answer all questions completely. Show all your work. In order to qualify for any partial credit, your work should be clearly understood. 4. Answer questions A and B directly in the exam booklet. Answer question C on the Scantron sheet. 5. The exam is closed-book / closed-notes. You are allowed one 8.5" X 11" single sided sheet of formulas that must be turned in with the exam. 6. If you have any questions or need any clarification please ask. 7. Please write neatly. 8. Good luck! © QUESTION A QUESTION B QUESTION C TOTAL Points Possible 25 30 30 85 Points Achieved Page 1 of 9
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NAME Sola-b'ws QUESTION A (25 points) 1. Fill in the chart below. Calculate the 3 month moving average forecast, the naTve forecast, and the exponential smoothing forecast with a = 0.2. Period 1 2 3 4 5 6 Actual Demand 10 8 7 12 9 Moving Average £53 5,33 K/7 Naive 10 ? 1 10 12- Exponential Smoothing 7 1.(P i.t/s 1,54 fco$ tst- 2. What is the mean absolute deviation for the moving average forecast? \.i/-i -t- a. Page 2 of 9
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NAME QUESTION B (30 points) A CPM network consists of the 7 activities in the network diagram below. Times are given in days. 1. Fill in the chart below. Calculate the ES, EF, LS, LF, and Slack for each activity. Activity 1 2 3 4 5 6 7 Duration 9 10 5 3 6 3 4 Early Start 0 0 9 $ A d ^o Early Finish 9 H VL to 11 v\ Late Start 0 M 3 n ^ Id to Late Finish 9 H H IP to 1A t4 Slack D H (? i C> -7 0 2. What is the critical path? [-3-5-1 (slott-o) 3. What is the project completion time? Page3 of 9
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NAME QUESTION C (30 points) Answer the following questions on the Scantron sheet. Each question is worth 1 point. 1. Operations management is the set of activities that create value in the form of goods and services by transforming inputs into outputs. B) False 2. The operations manager performs the management activities of planning, organizing, staffing, leading, and controlling of the OM function.
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This note was uploaded on 05/13/2011 for the course BUSORG 1070 taught by Professor Scala during the Spring '11 term at Pittsburgh.

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Exam 1 solutions - NAME Circle Section Time: 9:30 11 EXAM1...

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