Question
In: Operations Management
True/False ___ In the MTS environment the inventory that defines the customer service is the inventory...
True/False
- ___ In the MTS environment the inventory that defines the customer service is the inventory of components.
- ____ The objective of moving-average is to smooth out the random fluctuations while being sensitive to any possible changes that may be taking place with the underlying average.
- ____ Often the most recent history is the most relevant in forecasting short-term demand.
- ____ The mean error (ME) is concerned with the error magnitude.
- ____ The mean absolute deviation (MAD) is used to measure bias.
Solutions
Expert Solution
Question 1:
True
As described by Thomas E. Vollmann, William Lee Berry, David Clay Whybark, F. Robert Jacobs in one amongst their books, customer service depends on inventory of components
Question 2:
True
As described by Thomas E. Vollmann, William Lee Berry, David Clay Whybark, F. Robert Jacobs in one amongst their books, random variances are smoothed out in moving average considering changes in averages
Question 3:
True
As described by Thomas E. Vollmann, William Lee Berry, David Clay Whybark, F. Robert Jacobs in one amongst their books, recent performances is basis for short term forecasting
Question 4
False
As described by Thomas E. Vollmann, William Lee Berry, David Clay Whybark, F. Robert Jacobs in one amongst their books, mean error is concerned with bias. However, Mean Absolute Deviation is concerned with magnitude of error.
Question 5
False
As described by Thomas E. Vollmann, William Lee Berry, David Clay Whybark, F. Robert Jacobs in one amongst their books, mean error ia used to measure bias
keosha answered 5 months agoRelated Solutions
True or false. Service cost is the expense caused by the increase in the accumulated benefit...
True or false.
Service cost is the expense caused by the increase in the
accumulated benefit obligation because of employees’ service during
the current year.
The difference between the PBO and the ABO is that the PBO
takes into account future salary increases, while the ABO is based
on current salaries.
Prior service cost is the increase in the PBO because of
pension plan amendments.
The PBO is a more appropriate measure for pension obligation in
the case of firm...
Answer True or False Finished goods are the equivalent of merchandise inventory for a retailer or...
Answer True or False
Finished goods are the equivalent of merchandise inventory for
a retailer or a wholesaler in that both represent the inventory of
goods held for sale.
Petty cash typically is composed of coins and currency kept on
hand in a business to make minor disbursements.
When reconciling a bank account, the company does not have to
prepare an adjusting entry for outstanding checks.
On a bank reconciliation outstanding checks are added to the
cash per the bank...
true or false- 1. an overstatement of ending inventory will result in an understatement of net...
true or false-
1. an overstatement of ending inventory will result in an
understatement of net income in the year the error occurs.
2. In a periodic system, beginning inventory plus net purchases
equals cost of goods sold.
Explain reason in detail.
Badminton (True or False) The doubles service court consists of the same area as the singles...
Badminton (True or False)
The doubles service court consists of the same area as the
singles service court.
In doubles play, a long high serve is the best serve.
Rally point scoring seems to favor a more highly skilled
player.
To get within reach of the bird, good footwork requires
shuffling or sliding your feet into a position to hit.
Proper badminton footwork requires you to reach for the shuttle
with your dominant arm and leg to save time and...
True or False. Indicate whether the statement is true or false. If false, explain in the...
True or False. Indicate whether the statement is true or false.
If false, explain in the space provided the statement why it is
false, or simply correct the statement.
Smooth muscle contraction is regulated by the autonomic nervous
system. During exercise, the sympathetic nerves that innervate the
smooth muscles of bronchioles and arterioles regulate the
contraction of these smooth muscles to increase ventilation and
cardiac output.
2. Multiple choice: Choose one best statement.
An infant born prematurely has neonatal respiratory...
True and False True/False Write True or False before the statement. 1. Gypsum is the brand...
True and False
True/False
Write True or False before the
statement.
1. Gypsum is the brand name for sheetrock.
2. Coreboards and liner boards come in 2-foot widths.
3. Adhesives are not used for bonding gypsum board directly to
supports.
4. Supplemental fasteners should be used with contact
adhesives.
5. Gypsum panels are applied first to ceilings and then to the
walls.
6. The floating angle method of drywall application omits
fasteners in the corner intersection of the ceilings and...
1-True or False? Ensuring that inventory transactions are recorded in the correct accounts is an example...
1-True or False? Ensuring that inventory transactions are
recorded in the correct accounts is an example of the completeness
assertion.
2-True or False? A capital asset sub-ledger details individual
items of plant and equipment and records the cost of each asset and
of any additions or alterations, and the accumulated depreciation
charged against it.
3-True or False? The key issues in auditing property, plant, and
equipment are ensuring that the property, plant, and equipment
actually exist, are owned, and are...
True or False? 1. Merchandise inventory consists of products that a company acquires to resell to...
True or False?
1. Merchandise inventory consists of products that a company
acquires to resell to customers.
2. A service company earns net income by buying and selling
merchandise.
3. Gross profit is the same as gross margin.
4. Cost of goods sold is also called cost of sales.
5. A wholesaler is an intermediary that buys products from a
manufacturers or other wholesalers and sells them to consumers.
6. Goods in transit are automatically included in a company's
inventory...
True or False: The main factors involved in determining a product's markup are the inventory turnover...
True or False: The main factors involved in determining a
product's markup are the inventory turnover rate and the services
performed by the retailer.
True or False: Other things being equal, stores with a higher
inventory turnover rate can cover their costs and earn a profit
while charging a smaller markup.
True or False: In the case of convenience stores, customers
usually compare prices, assortments, and quality levels at
competing outlets before making purchase decisions.
True or False: Specialty retailers...
After birth, the environment may exert either a positive or negative effect on growth. True False...
After birth, the environment may exert either a positive or
negative effect on growth.
True
False
Twins can be labelled as either "monozygotic" (developed from
the same egg) or "dyzogotic" (developed from two independent eggs).
The difference in height of monozygotic twins is probably caused by
environmental factors.
True
False
Body proportions are probably not under genetic control during
the growth process.
True
False
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- A labor market has 50,000 people in the labor force. Each month, a fraction p of...
- A road with a radius of 72 m is banked so that a car can navigate...
- 1) If you had not dried the solid, would the calculated percent yield have been higher,...
- Two structures of alanine can be drawn that have a net charge of zero, but the...
- Co(II) was used as an internal standard to analyze a sample of Ti(IV) with atomic absorption...
- Matlab Programming Write an M-file to read a real-valued vector of any length from the keyboard...
- TASK back to top In the contemporary management environment, mergers and acquisitions are hot topics; particularly...
ADVERTISEMENT