In the assignment method, the decision maker seeks to assign:
a. Each available resource to a specific set of tasks.
b. One resource toonly one task.
c. Several available resources to one set of tasks.
d. Several available resources to only one task.
B
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Which of the following is not a component of TQM?
A. Use accurate standards to identify and eliminate problems. B. Urge employees to strive for "zero defects." C. Make continuous improvement a priority. D. Get every employee involved. E. Listen to and learn from customers and employees.
Inventory turnover shows how many times the average inventory was sold during the year
Indicate whether the statement is true or false
If the learning curve for a process is 100 percent, then each unit in a series of units will have the same labor requirements
Indicate whether the statement is true or false
Calculate (a) MAD, (b) MSE, and (c) MAPE for the following forecast versus actual sales figures. (Please round to four decimal places for MAPE.)
Forecast Actual 100 95 110 108 120 123 130 130