1. Which of the following happens under the Railway Labor Act (RLA), once the National Mediation Board (NMB) declares an impasse?
A. Parties enter into a 30-day cooling-off period
B. Parties are not allowed to negotiate further
C. The union is free to strike immediately
D. The employer has the implied right to lock out employees immediately
2. Which of the following is (are) true statements?
I. Time series techniques involve identification of explanatory variables that can be used to predict future demand.
II. A moving average forecast tends to be more responsive to changes in the data series when more data points are included in the average, also known as increasing the “span” of the average.
III. In exponential smoothing, an alpha of 0.30 will cause a forecast to react more quickly to a large error than will an alpha of 0.20.
3. A company is selling its receivables when it issues its own credit card. a. True b. False
3. 3-D printing has proven to be particularly advantageous for:
A. Quality function deployment
B. Propotype development and customs products
C. Computer-aided design
D. Modular design
E. Robust design