GSCM 530 DeVry Week 1 Quiz Latest

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GSCM 530 DeVry Week 1 Quiz Latest

GSCM530

GSCM 530 DeVry Week 1 Quiz Latest

 

GSCM 530 DeVry Week 1 Quiz Latest

Question 1.1.(TCO 1) Different levels of planning in supply chain operations management include(Points : 5)

  • general and detailed planning.
  • strategic, tactical, and operational planning.
  • long-term and short-term planning.
  • logistical, operational, and procurement planning.

Question 2.2.(TCO’s 1) Which of the following is a measure common to both the strategic profit model and the SCOR model?(Points : 5)

  • Responsiveness
  • Return on assets
  • Delivery performance
  • Lead time

Question 3.3.(TCO 1) The demand for housing is characterized by a regular pattern of increasing to a peak, then falling. When the demand reaches a low point, it then repeats the pattern. This pattern usually takes place over a 3- to 5-year period. This is an example of which type of demand pattern?(Points : 5)

  • Autocorrelation
  • Seasonality and cycles
  • Step change
  • Trend

Question 4.4.(TCO 1) For Platinum Nugget Hotel in Las Vegas, Saturday is the best day of the week for business. The gambling take for the hotel on Saturdays over the past 4 weeks was as follows. Week $ Take (1) $250,000, (2) $190,000,  (3) $300,000,  (4) $280,000

Using a moving average withn= 3 terms, what would be the forecast for Week 5.(Points : 5)

  • $256,667
  • $246,667
  • $255,000
  • $232,124

Question 5.5.(TCO 1) Assume that the forecast for the last period is FITt = 200 units, and recent experience suggests a likely sales increase of 10 units each period. Actual sales for the last period reached 230 units. Assuming a smoothing coefficient of ? = 0.20 and a trend smoothing coefficient of ? = 0.10, what is the BASE forecast for the next period?(Points : 5)

  • 210
  • 206
  • 236
  • 226

Question 6.6.(TCO 1) The tracking signal will suggest to a manager that(Points : 5)

  • demand for an item is changing.
  • there is seasonality in demand.
  • a forecast mode’s parameters may need adjustment.
  • All of the above