1. (16 points) Circle True or False as it relates to each statement. at is inh e
ID: 380372 • Letter: 1
Question
1. (16 points) Circle True or False as it relates to each statement. at is inh erent in a production process itself is called common cause variation True False b) The f plant location minimizes the sum of distances from the new plant to existing facilities. True False ) ime serics orecasting models make predictions about the future based on analysis of past data. d) Inventory is defined as the stock of any item or resource used in an organization. ) The p-chart s only useful for monitoring performance that deals with continuous variables. D The factor method is used when multiple dimensions have to be considered in selecting a site. g) In the weighted moving average forecasting model, the weights must add up to one times the number True False True False True False True False of data points. True False The c-chardtracks the proportion of defectives True F ulconcernedwith monitoringquality aftertheproduct o rocess contrals concermned with montoring qualityafter product or service has been produced. j The cost of storing an item in inventory isindependent of the duration of storage. k) The factor method is used for selecting the best mode of transportation. True False True-False True FalseExplanation / Answer
a-True
b-True
Centroid method is a plant location methodology good for locating a single facility within a set of existing facilities based in distances and volumes of goods shipped
c-True
This techniques analysis the past data and predict future
d-False
Inventory doesn’t include capital assets or human resources
For an example A car to visit customers.
Equipments and tools.
EAMPLOYEES AND TRAINING
Money is not inventory.
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