Mar 3203 operations - Study guides, Class notes & Summaries

MAR 3203 Exam 1 UCF QUESTIONS AND ANSWERS 100% PASS Which of the following activities at a commercial bank is NOT an operations activity? auditing Which of the following activities at an airline is NOT an operations activity? sales Which operations function at a manufacturing facility strives for the efficient use of machines, space, and personnel? industrial engineering Which of the following is NOT one of the factors that fosters specialization and worldwide supply chains? ma...

MAR 3203 OPERATIONS MANAGEMENT CHAPTER 1 EXAM QUESTIONS AND VERIFIED ANSWERS...

MAR 3203 DSM 16; LEAN OPERATIONS TEST...

MAR 3203 Exam 1 UCF Questions and Answers Already Passed Productivity increases when __________. inputs decrease while outputs remain the same Which of the following is not one of the basic functions of the management process? Inspecting Which of the following appears to provide the best opportunity for increases in productivity? Management The total of all outputs produced by the transformation process divided by the total of the inputs is __________. multifactor productivity ...

MAR 3203 TEST 1 QUESTIONS AND ANSWERS...

MAR 3203 UCF Exam 1 Latest Update Graded A+ *** "Today's forecast equals yesterday's actual demand" is referred as the naive approach. "Next period forecast averages the last 3 months" is referred as a moving average. *** The forecasting time horizon easiest to predict for Short term Quantitative forecasting method? Exponential Smoothing Which forecast error measure is probably the easiest to interpret? MAPE Relative Estimate size (MAPE) Absolute Exact number (MAD &...