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1. The two forecasting methods are classified as?
Statistical and Instrumental
Random and Irregular
Statistical and Judgmental
Regression and Analysis
2. Any asset held for future use or sale is known as inventory.
True
False
3. Disaggregation is the level of resource planning wherein Operations Managers break the aggregate plan into?
Contingency Plans
Organizational Plans
Alternative Plans
Operational Plans
4. Forecasting starts with which department or division of an organization?
Finance
Purchasing
Sales
Management
5. The distinguishing identifier of every inventory item is known as the?
SKU
SKO
SKN
SKI
6. Jessica Lee, director of global employer brand and communication at Marriott International, realizes the mobile app created by a vendor does not integrate with the company's existing software. Which of the following is a example of managerial work:
a. Planning
b. Organizing
c. Leading
d. Controlling
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