Fall2011OM301Exam1_EssayQuestions

Fall2011OM301Exam1_EssayQuestions - TRUE/FALSE. Write T if...

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TRUE/FALSE. ȱȱ Write ȱȇ T ȇȱ if ȱ the ȱ statement ȱ is ȱ true ȱ and ȱȇ F ȇȱ if ȱ the ȱ statement ȱ is ȱ false. 26) The ȱ shortest ȱ of ȱ all ȱ paths ȱ through ȱ the ȱ network ȱ is ȱ the ȱ critical ȱ path. 26) 27) The ȱ sales ȱ force ȱ composite ȱ forecasting ȱ method ȱ relies ȱ on ȱ salespersons ȇȱ estimates ȱ of ȱ expected ȱ sales. 27) 28) A ȱ naïve ȱ forecast ȱ for ȱ September ȱ sales ȱ of ȱ a ȱ product ȱ would ȱ be ȱ equal ȱ to ȱ the ȱ forecast ȱ for ȱ August. 28) 29) Cycles ȱ and ȱ random ȱ variations ȱ are ȱ both ȱ components ȱ of ȱ time ȱ series. 29) 30) The ȱ larger ȱ the ȱ number ȱ of ȱ periods ȱ in ȱ the ȱ simple ȱ moving ȱ average ȱ forecasting ȱ method, ȱ the ȱ greater ȱ the method ȇ s ȱ responsiveness ȱ to ȱ changes ȱ in ȱ demand. 30) 31) One ȱ reason ȱ to ȱ globalize ȱ is ȱ to ȱ learn ȱ to ȱ improve ȱ operations. 31) 32) In ȱ trend ȱ projection, ȱ the ȱ trend ȱ can ȱ be ȱ forecast ȱ using ȱ the ȱ
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This note was uploaded on 12/12/2011 for the course OM 301 taught by Professor Naor during the Spring '09 term at George Mason.

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Fall2011OM301Exam1_EssayQuestions - TRUE/FALSE. Write T if...

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