Om 300 Exam 1 Questions & Answers

How to calculate weighted moving average {Ans: Multiply the weight by the amount then add them all up and divide by the sum just the weights}How is productivity calculated? {Ans: Single and multifactor productivity calculations and percent change calculations}Calculated forecast for data with seasonal variation {Ans: Step one find the average historical demand for each period, step two compute the average demand over all periods, step three compute a seasonal index for each period, step four estimate next year's total demand (this could be week, month, quarter or year), and step five divide the estimate of total demand by the number of periods, then multiply it by the seasonal index for that period}What is a capacity analysis? {Ans: Used to determine the throughput capacity of workstations in a system}What is capacity? {Ans: The throughput, or the number of units of facility can hold, receive, store, or produce in a period of time}Understand the tactics for matching capacity to demand {Ans: }