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In an assemble-to-order (ATO) environment, option overplanning is used to:
Providing a realistic basis for setting internal performance targets can be accomplished through:
In which of the following environments is capable-to-promise (CTP) more appropriate than available-to-promise (ATP)?
Fixed order quantity = 100 units Lead time = 2 weeks Safety stock = 25 units What is the projected available balance in period 5?
When designing a production cell, which of the following items would be the most important consideration?
What is the main negative effect of changing the due dates of open orders?
Product X sells for $20 each, and it has a variable cost of $5 per unit. The company sells 10,000 units per year and has a fixed cost of $120,000. What is the break-even point in units for Product X?
In the sales and operations planning (S&0P) process in a repetitive manufacturing environment, the resulting operations plan for a product family could be stated in terms of which of the following outputs?
Sales and operations planning (S&0P) in a make-to-stock (MTS) environment is concerned with projecting:
Collaborative planning, forecasting, and replenishment (CPFR) typically would be most effective for a:

Question 40 - CPIM-Part-2 discussion

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Which of the following techniques would be most appropriate to use to develop a forecast?

A.
Delphi method
Answers
A.
Delphi method
B.
Moving average
Answers
B.
Moving average
C.
Exponential smoothing
Answers
C.
Exponential smoothing
D.
Time series decomposition
Answers
D.
Time series decomposition
Suggested answer: C

Explanation:

Exponential smoothing is a forecasting technique that uses a weighted average of past and present data to predict future values. It is suitable for time series data that have a stable or slowly changing trend and no significant seasonal variations. Exponential smoothing assigns more weight to the most recent data, giving it a higher influence on the forecast. This makes it more responsive to changes in demand patterns than other techniques, such as moving average or time series decomposition, which use fixed weights or historical data. The Delphi method is a qualitative technique that involves a panel of experts who provide their opinions and feedback on a topic through multiple rounds of surveys. It is not based on historical data or mathematical formulas, but rather on human judgment and consensus. Therefore, it is not appropriate for developing a forecast.Reference: CPIM Part 2 Exam Content Manual, Version 7.0, Domain 3: Plan and Manage Demand, Section A: Demand Management, Subsection 2: Forecasting Techniques and Methods, p. 14-15.

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asked 16/09/2024
Nogueira Elder
39 questions
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