Explain a linear regression model that relates demand, Operation Management

Assignment Help:

1. A workstation must produce 400 units an hour. It takes 24 minutes to receive the necessary material for production from the previous workstation. Output is moved between workstations in containers holding 44 units. If the process uses a safety factor of 10%, then the number of kanbans that should be circulating between this workstation and the previous workstation is

A. 2

B. 4

C. 6

D. 240

2. A linear regression model that relates demand to time is known as a linear trend line.

True or False

3. Sequencing involves releasing work orders to the shop and issuing dispatch lists for individual machines

True or False

4. Coordinated workflow, production and procurement can lead to all of the following except

A. production efficiencies

B. slower response times

C. improved service

D. faster time to market

5. Lean production would consider producing items that cannot immediately be sold

True or false


Related Discussions:- Explain a linear regression model that relates demand

Compute the future value of 2000 in, Calculate the future value of 2,000 in...

Calculate the future value of 2,000 in 1. 5 years at an interest rate of 6% per year 2. 10 years at an interest rate of 6% per year 3. 5 years at an interest rate of 7% pe

Plan a policy for scheduling vacations, Outline a policy for scheduling vac...

Outline a policy for scheduling vacations for a Health Information Management Department that provides daily, around-the-clock service and has both full time and part time employee

Explain stakeholder analysis, Stakeholder analysis is important in risk ass...

Stakeholder analysis is important in risk assessments for most activities is not important in risk assessments for most activities is usually undertaken at the end of the planning

What potential problems in flexible retirement programs, What potential pro...

What potential problems and benefits are likely with early or flexible retirement programs?

Describe what is the chocolate raw material safety stock, Christian runs a ...

Christian runs a small chocolate shop. He manages his chocolate raw material using a periodic review system. Daily demand has a mean of 100 pounds and standard deviation of 10 poun

How did the corporation performs in the return on investment, How did the c...

How did the corporation perform the past year overall in terms of return on investment, market share, and profitability?

What is matrix organisation, What is Matrix organisation? Ans: A Mat...

What is Matrix organisation? Ans: A Matrix organisation is a combination of Project and functional organisation.

Explain widget is identical and requires a machining cycle, 3,000 widgets m...

3,000 widgets must be machined on workstation during week. Each widget is identical and requires a machining cycle time (Tc) of 36.5 minutes. All of the machining centres in the sh

Explain security and financial controls, Please explain in detail the answe...

Please explain in detail the answer for the following scenario: You are an IT project manager and have been given an unrealistic deadline. In order to get a project done on the req

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd