BUSI 400 Week 2 Assignment Help | Liberty University | Assignment Help
- Liberty University / BUSI 411
- 17 May 2021
- Price: $12
- Management Assignment Help / Business Management Assignment Help
BUSI 411 Week 2 Exam | Liberty University | Assignment Help
Exam 1
• Question 1
Which of the following principles emphasizes that actions should make the community as a whole better off?
• Question 2
Which of the following is not a benefit of using models in decision making?
• Question 3
Business organizations consist of three major functional areas which, ideally:
• Question 4
Which of the following is a system in which low-skilled workers use specialized equipment to produce high volumes of standardized goods?
• Question 5
Which of the following is not a characteristic of service operations?
• Question 6
Core competencies in organizations generally do not relate to:
• Question 7
The external elements of SWOT analysis are:
• Question 8
Productivity growth can be calculated by:
• Question 9
Time-based approaches of business organizations focus on reducing the time to accomplish certain necessary activities. Time reductions seldom apply to:
• Question 10
In an assembly operation at a furniture factory, six employees assembled an average of 450 standard dining chairs per five-day week. What is the labor productivity of this operation?
• Question 11
Which of the following possible values of alpha would cause exponential smoothing to respond the most quickly to forecast errors?
• Question 12
The owner of Darkest Tans Unlimited in a local mall is forecasting this month's (October's) demand for the one new tanning booth based on the following historical data:
Month Number of Visits
April 100
May 140
June 110
July 150
August 120
September 160
What is the monthly rate of change (slope) of the least squares trend line for these data?
• Question 13
The owner of Darkest Tans Unlimited in a local mall is forecasting this month's (October's) demand for the one new tanning booth based on the following historical data:
Month Number of Visits
April 100
May 140
June 110
July 150
August 120
September 160
What is this month's forecast using the least squares trend line for these data?
• Question 14
Which of the following helps improve supply chain forecasting performance?
• Question 15
The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders based on the following historical data:
Year Enrollments
5 Years ago 900
4 Years ago 700
3 Years ago 600
2 Years ago 500
Last Year 300
What is the forecast for this year using exponential smoothing with alpha = .4, if the forecast for two years ago was 750?
• Question 16
The research and development activity which starts after positive research results are available and attempts to turn these results into useful commercial applications is:
• Question 17
One way to increase reliability is to:
• Question 18
Elements of the service process in which there is no contact with the customer are referred to as:
• Question 19
Which of the following is not a reason for redesigning a product or service?
• Question 20
The term "standardization" is closely associated with:
• Question 21
Operations managers, who usually use quantitative approaches, are not really concerned with ethical decision making.
• Question 22
An example of an operational operations management decision is inventory level management.
• Question 23
Forecasts based on an average tend to exhibit less variability than the original data.
• Question 24
A house of quality is achieved when no department in a single location has more than 15 percent rejects.
• Question 25
Commonality of components is beneficial for manufacturing but not for services.
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