What is the labor productivity of this operation

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Reference no: EM131430236

1. In an assembly operation at a furniture factory, six employees assembled an average of 450 standard dining chairs per five-day week. What is the labor productivity of this operation?

20 chairs/worker/day

75 chairs/worker/day

60 chairs/worker/day

15 chairs/worker/day

90 chairs/worker/day

2. Which of the following is NOT a time-series model?

A. naive approach B. linear regression C. moving averages D. exponential smoothing

3. Which of the following is the FINAL step in a forecasting system?

A. Gather the data needed to make the forecast. B. Make the forecast. C. Validate and implement the results. D. Select the forecast model(s).

Reference no: EM131430236

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