16) Putting forecast errors into perspective is best done using
A.exponential smoothing.
B.MAPE.
C.linear decision rules.
D.MAD.
E.hindsight.
17) When the waiting cost incurred by customers likely varies, an appropriate queuing
model is:
A.single channel, single phase.
B.single channel, multiple phase.
C.multiple channel, single priority.
D.multiple channel, multiple phase.
E.multiple channel, multiple priority.
18) The major approaches used in plans to deal with breakdowns include all of the
following except:
A.standby equipment.
B.inventories of spare parts.
C.operator repair of minor problems.
D.readily available repair personnel.
E.All are major approaches.
19) The manager of Lawn and Garden Services would like to estimate the proportion of
her employees’ time spent performing various gardening and lawn care activities. She
has made 400 random observations of a typical worker, with the following results: