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WMBA Week 6 Final Exam Latest Update 2023>2024 rationale

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WMBA Week 6 Final Exam Latest Update 2023>2024 rationale WMBA Week 6 Final Exam Latest Update 2023>2024 rationale Question 1 Assume you have been assigned the task of identifying a level strategy aggregate production plan for the upcoming year. You have been i...

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  • June 20, 2023
  • 15
  • 2022/2023
  • Exam (elaborations)
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WMBA Week 6
Final Exam Latest
Update 2023>2024
rationale

, Question 1

Assume you have been assigned the task of identifying a level strategy
aggregate production plan for the upcoming year. You have been informed that
beginning inventory is 2,000 units, your plan should
provide an ending inventory for the year equal to 500 units, and you have been
provided the following forecasts of aggregate demand. What should be the
planned rate of quarterly production?



Selected
Answer: 5,375 units
Correct
Answer: 5,375 units
Answer
(pp. 295,[(6000 + 5500 + 5000 + 6500) +
Feedback:
500 - 2000]/4 = 5375)

• Question 2
4 out of 4 points
Aggregate planning is concerned with matching supply and demand of output
over a short time range of 2 to 3 months.
Selected
Answer: False
Correct
Answer: False
Answer
(pp. 285, Aggregate planning is medium-term capacity
Feedback:
planning.)

• Question 3
4 out of 4 points
Measured by the mean absolute deviation, which of the forecast methods (1, 2 or
3) provides the highest degree of forecast accuracy for the five weeks of data
shown below?



Selected
Answer: Methods 2 and 3 are equal
Correct
Answer: Methods 2 and 3 are equal

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