OPS 571 Final Exam 2016 Answers Free for Operation Management
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29. If a firm produced a standard item with relatively stable demand, the smoothing constant alpha (reaction rate to<br />
differences) used in an exponential smoothing <strong>for</strong>ecasting model would tend to be in which of the following ranges?<br />
1. 5 to 10 percent<br />
2. 60 to 120 percent<br />
3. 20 to 80 percent<br />
4. 20 to 50 percent<br />
Q30. What transportation mode has very high initial investment costs but gives a very low cost per mile <strong>for</strong> products<br />
that are highly specialized and require no packaging?<br />
1. Water<br />
2. Highway<br />
3. Pipeline<br />
4. Rail
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