1.

(4)

Six (6) samples of size five (5) were used to collect the data presented below: sample number sample mean ( x ) sample ran%e (&) 1 !." 1.! 2 !.1 2.4 #.$ 1.$ 4 !.2 1.! 5 #.! 2.1 6 !." 2."

'he upper lower control limit (()() an x *chart is. a. ()( + #.!"" b. ()( + #." 4 c. ()( + 6.!46 d. ()( + 21.""" e. ()( + ".""" 2.(4) 'went, samples of size six (6) were collected for a -ariable measurement. .etermine the lower control limit (()() and upper control limit (/)() for an &*chart if the a-era%e ran%e0 & 0 is 4.4. a) ()( + ". 440 /)( + $. "16 b) ()( + ".""""0 /)( + 1.46$6 c) ()( + 1.!260 /)( + 6.$#4 d) ()( + ".""""0 /)( + !.!1#6 e) ()( + ".""""0 /)( + 1#6. 52" 'went,*fi-e samples of size thirt, ( ") were collected and a total of 4! nonconformin% items were found ,ieldin% p*bar + "."64. 'he three si%ma upper control limit (/)() for a p control chart would be a) ".! b) ".211 c) ".1$! d) "."$1 e) 1one of the abo-e 2 compan, has calculated its )34 to be #"" and its 52.t is 2". 6hich one of the followin% is the resultin% 'S7 a) 2bout "."5 b) 2bout 2" c) 2bout 5 d) 5ore than 5 e) )annot be calculated based on this information

.(4)

4.(2)

5.(2)

8f ,ou were tr,in% to select a forecastin% model based on a 52. statistic0 which of the followin% 52. -alues reflects the most accurate model7 a) ".425 b) ".!## c) 2.""" d) 4.5$$ e) 1"" 6.( ) 9i-en the followin% wee:l, demand and forecast fi%ures:

6ee: 1 2 'he 52. is: a) b) c) d) e) #.( ) " *1" " 1"

.emand 3orecast 2" 25 5 4" 2" "

none of the abo-e 9i-en the followin% wee:l, demand and forecast fi%ures: 6ee: 1 2 .emand 3orecast 2" 25 5 'he mean s;uare error is: 4" 2" "

a) b) c) d) e) !.( )

*1" 15 " 15" 45" 2 compan, wants to forecast its demand usin% the Simple 5o-in% 2-era%e and has the followin% demand data. Week 1 2 4 5 Demand 12" 1"" 14" 12" 2""

6hich of the followin% is the four*period mo-in% a-era%e forecast for period 67 a) b) 12" 1 6

e)

c) 14" d) 1#" none of the abo-e

$. ( ) 2 compan, wants to forecast its demand usin% the 6ei%hted 5o-in% 2-era%e. 'he compan, uses two prior ,earl, sales -alues (i.e.0 <ear 1 + 11" and <ear 2 + 1 "). /sin% wei%hts ".$ and ".1 with lar%est wei%ht to demand assi%ned to the most recent period0 which of the followin% is the two*period 6ei%hted 5o-in% 2-era%e forecast for <ear 7 a) 112 b) 11# c) 12" d) 12! e) none of the abo-e. 1".( ) 8n =eriod # the exponentiall, smoothed forecast was 5" and the actual demand was 6". 8f alpha + ".10 what is the exponentiall, smoothed forecast for =eriod !7 a) 4$ b) 5" c) 51 d) 5$ e) 61 11.( ) 5onthl, demand for a product has been as follows in the last 2 months. >ul, 6" units

2u%ust 62 units 6hat is the forecast for September usin% exponential smoothin% with alpha + ".2 if the forecast for July was 5" units7 54 5 52 51 5"

a) b) c) d) e)

12.(4) 'he followin% table %i-es the demand and production plan for an or%anization. .emand =roduction plan >anuar, $"" 101"" 3ebruar, $"" 101"" 5arch 105"" 101""

'he initial in-entor, is zero. 'he in-entor, holdin% cost is ?1 per unit per month. 'he total in-entor, holdin% cost for the plan is: a) b) c) d) ?4"" ?6"" ?!"" ?102""

e)

1one of the abo-e

/se the followin% data to answer ;uestions 1 *16 2 )ompan, polic, calls for :eepin% safety-stock e;ual to 25@ the forecasted demand for that month. 'he compan, currently has a work force of 12 people. Demand Data >an. Ae%. 8n-entor, 3orecast demand =roduction .ata (abor hoursBunit 6or:da,sBmonth 6or: hoursBda, )ost .ata 2" (abor costBhour*strai%ht time ! (abor costBhour*o-ertime ?14 ?21 2"" 5"" "" 6"" 3eb. 5arch

1 .( ) 'he production re;uirement for the month of 3ebruar, is a) "" b) 1"" c) 225 d) 25" e) none of the abo-e 14.( ) 'he be%innin% in-entor, for the month of 5arch is a) 6" b) #5 c) 1"" d) 15" e) none of the abo-e 15.( ) 'he number of units current wor: force of 12 wor:ers can produce in a month durin% re%ular time is a) $6" b) !"" c) 64" d) 6"" e) none of the abo-e 16.( ) 'he number of wor:ers needed to produce $6" units in a month is a) 1! b) 16 c) 15 d) 12 e) none of the abo-e