Facilities benchmarking for establishing goals for quality is based on"
a. statistical analysis
b. quality milestones
c. comparisons
d. quality circles
Ans: c. comparisons
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Effective differential pricing over time will generally increase the level of product availability for the consumer willing to pay full price, but will decrease total profits for the retailer
Indicate whether the statement is true or false.
Use the information in Table 8.5. Using the 4-month weighted moving-average technique and the following weights, what is the forecasted demand for November?
Time Period Weight Most recent month 50% One month ago 20% Two months ago 20% Three months ago 10% A) fewer than or equal to 250 units B) greater than 250 but fewer than or equal to 265 units C) greater than 265 but fewer than or equal to 280 units D) more than 280 units