1. What factors enter into the choice of a value for the smoothing constant in exponential smoothing?
2. Name at least 3 competitive advantages of concurrent engineering?
3. A new order has come into your department. The capability of the process used for this type of work will enable virtually all of the output to be well within the specifications for your product.
a. What benefits might be derived from this situation?
b. What alternatives might be considered by the manager?
4. What are the four main reasons for holding inventory?