Busi 2003 1 week 6 - Study guides, Class notes & Summaries

1. Question: Throughput time, process flow rate, capacity, and average amount of inventory in the system are some of the key metrics of a manufacturing process. 2. Question: A small value of a is used when we require a simple exponential smoothing model to be responsive to the recent demand pattern. 3. Question: Five commonly employed forms of structural change of a supply chain include each of the following except: 4. Question: Little's Law in a manufacturing process relates to: 5. Que...

• BUSI 2003 MIDTERM EAXAM 100/100 • Question 1 4 out of 4 points A lean system is designed to expose errors and get them corrected at the source. Selected Answer: True Correct Answer: True Answer Feedback: (pp. 142 - this is true as it prevents covering errors with inventory). • Question 2 4 out of 4 points According to the service matrix proposed by Collier and Meyer, ATM services are categorized as: Selected Answer: provider routed services Co...

BUSI 2003 Final Exam Week 6 BUSI 2003C- BUSI 2003-Operations Summer 2020 Questions & Answers