Larger values of alpha with exponential smoothing tend to make the forecast less responsive to previous forecasts errors
Indicate whether the statement is true or false
FALSE
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Most tactical plans are single use plans
Indicate whether the statement is true or false
Mandato Corporation has provided the following data for its two most recent years of operation: Selling price per unit$50 Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$10Direct labor$6Variable manufacturing overhead$5Fixed manufacturing overhead per year$72,000Selling and administrative expenses: Variable selling and administrative expense per unit sold$5Fixed selling and administrative expense per year$70,000 Year 1Year 2Units in beginning inventory03,000Units produced during the year9,0008,000Units sold during the year6,0009,000Units in ending inventory3,0002,000The net operating income (loss) under variable costing in Year 1 is closest to:
A. $174,000 B. $2,000 C. $26,000 D. $144,000
A work cell is required to make 200 computerized diagnostic assemblies (for installation into hybrid automobiles) each day. The cell currently works an eight hour shift, of which seven hours is available for productive work
What is takt time for this cell?
In an EOQ model, as the ordering cost for an item decreases, the EOQ for the item ________
Fill in the blanks with correct word