MGT613 Quiz May 2026

VU QUIZ REPORT

Subject: MGT613

Quiz Completed: 12/05/2026, 16:10:54 Total Questions: 10

The total weight assigned to actual occurrences should be equal to:

A. 1

B. 2 C. 0 D. 3

Which one of the following is true about Taguchi approach?

1. To reduce the degree of automation
2. To articulate the “voice of the customer”
3. To create a concurrent design
4. To test the robustness of a design

Correct answer: To test the robustness of a design

Selected Answer: D

In exponential smoothing model, a denotes:

A. Smoothing constant

B. Actual forecast C. Forecast error D. Previous forecast Which probability distribution is used most extensively in dealing with forecasting errors? A. Beta B. Pareto

C. Normal

D. Exponential

Which one of the following is the most significant disadvantage of standardization?

1. Frozen designs
2. Reduced variety
3. Customized parts
4. Interchangeable parts

Correct answer: Frozen designs

Which of the following ensures that the design meets the performance characteristics that are specified in the product concept?

1. Production design
2. Functional design
3. Product design
4. Service design

Correct answer: Functional design

A method in which each quantity is to be averaged according to its assigned weight is known as?

1. Weighted moving average
2. Moving average
3. Exponential moving average
4. Cumulative moving average

Correct answer: Weighted moving average

OSHA stands for: which one of the following?

1. Occupational Science Hygiene Administration
2. Occupational Stock Hygiene Administration
3. Occupational Safety Hygiene Administration
4. Occupational Safety Hygiene Agency

Correct answer: Occupational Safety Hygiene Administration

Which one of the followings is the most closest to the linear regression?

1. Naïve forecasting
2. Simple moving average forecasting
3. Trend projection method of forecasting
4. Weighted moving average forecasting

Correct answer: Trend projection method of forecasting

Which of the following management level is responsible for long-range capacity planning?

1. All the management levels
2. Top management
3. Lower management
4. Middle management

Correct answer: Top management