# DEVRY GSCM530 ALL WEEK QUIZES (WEEK 1,2,3,4,5,6 AND 7) - 95160

Solution Posted by

## anjis_devis

Rating : (20)B
Solution Detail
Price: \$35.00
• Posted on: Sun 24 Jan, 2016
• Request id: None
• Purchased: 0 time(s)
• Average Rating: No rating
Request Description
Solution Description

Week 1

Question

Question 1.1.(TCO 1) Different levels of planning in supply chain operations management include (Points : 5)

general and detailed planning

strategic, tactical, and operational planning

long-term and short-term planning

logistical, operational, and procurement planning

Question 2.2.(TCO’s 1) Which of the following is a measure common to both the strategic profit model and the SCOR model? (Points : 5)

Responsiveness

Return on assets

Delivery performance

Question 3.3.(TCO 1) The demand for housing is characterized by a regular pattern of increasing to a peak, then falling. When the demand reaches a low point, it then repeats the pattern. This pattern usually takes place over a 3- to 5-year period. This is an example of which type of demand pattern?(Points : 5)

Autocorrelation

Seasonality and cycles

Step change

Trend

Question 4.4.(TCO 1) For Platinum Nugget Hotel in Las Vegas, Saturday is the best day of the week for business. The gambling take for the hotel on Saturdays over the past 4 weeks was as follows.
Week \$ Take
(1) \$250,000
(2) \$190,000
(3) \$300,000
(4) \$280,000
Using a moving average withn= 3 terms, what would be the forecast for Week 5.(Points : 5)

\$256,667

\$246,667

\$255,000

\$232,124

Question 5.5.(TCO 1) Assume that the forecast for the last period is FITt = 200 units, and recent experience suggests a likely sales increase of 10 units each period. Actual sales for the last period reached 230 units. Assuming a smoothing coefficient of ? = 0.20 and a trend smoothing coefficient of ? = 0.10, what is the BASE forecast for the next period?(Points : 5)

210

206

236

226

Question 6.6.(TCO 1) The tracking signal will suggest to a manager that(Points : 5)

demand for an item is changing.
there is seasonality in demand

a forecast mode's parameters may need adjustment

All of the above

Week 2

Decisions being made about the aggregate production plans represent what type of planning?

Strategic-level planning

Tactical planning

Detailed operational planning

Long-term planning

Question 2. 2. (TCO 2) Each month the sales and operations team at Johnson Company meets to develop plans for each of the next 6 months. This process is known as (Points : 5)

collaborative planning and forecasting

rolling planning horizons

unconstrained planning

continuous planning

Question 3. 3. (TCO 2) If a company strongly prefers that its aggregate output plan be closer to a level plan than a chase plan, this implies that it is concerned about minimizing (Points : 5)

inventory carrying costs

hiring and layoff costs

Attachments