What is the forecast for July if exponential smoothing with an alpha=.04 generated a forecast of 43.0 for June?
A) 41.25
B) 40.64
C) 43.16
D) 42.88
Answer: D
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Which of the following is a characteristic of a facility with excess capacity?
A) Will likely be more efficient per unit of product it produces than one with a lot of unused capacity B) Would be very flexible and respond to wide swings in the demands placed on it C) Would be considered a high utilization facility D) Will have difficulty responding to demand fluctuations
Answer the following statements true (T) or false (F)
1. The formula for the quick ratio is quick assets divided by non-current assets. 2. Accounts Receivable turnover measures the ability to collect cash from a company's credit customers. 3. The account receivable turnover is computed by taking the average net Accounts Receivable and dividing it by the net credit sales. 4. The receivables collection period measures the ability to collect cash from customers who buy on credit. 5. Quick assets include cash, Accounts Receivable, and prepaid expenses.
A ________ is an organizational design that groups similar or related occupational specialties together.
A. matrix structure B. functional structure C. divisional structure D. simple structure
Identify three factors that affect the estimation of capacity, and briefly describe each