1. Using weighted moving average forecast model, if we want forecasts to be very responsive to recent demand, the value of W1 should be:
A. Largest weight value
B. Smallest weight value
C. Zero
D. The value of alpha does not matter.
2. Which aspects of plant operations are affected by Lean Systems?
Scheduling
Suppliers
Plant layout
All of the above
3. The concept of Poka-yoke involves
A. Standardizing work
B. Supporting an efficient work flow
C. Mistake proofing
D. All of the above
4. A bottleneck is:
A. A resource that has the maximum capacity in the facility
B. A resource whose capacity is less than the capacity of all other resources and whose capacity is less than the demand placed on it
C. A resource that has the fastest processing time
D. A resource whose capacity exceeds the demand