Professional Documents
Culture Documents
Zoning
Medium term
Poka Yoke
Aggregate plan
Assembly transportation
So that it can order right parts in right quantity
indian labour is cheaper
Economic order quantity model
It increases employees motivation
product structure file
Actual output to effective capacity
Force field analysis
strategic
group layout
All above
Bill of Material Report
A characterstic of a product or service that a customer expects as a minimum standard.
There is direct contact with customer during manufacturing of products
transportation
Question Answer
market tracking
fact-finding
concepts
faster, less
making results publically available
symptoms are scattered
refusals
applied busines research
descriptive research
nonsampling error
respondents
nominal scale
identifying problems or opportunities
all of these
fact-finding
selective
Measurement
systematic error
business opportunity
Problem Definition
descriptive research
Are the data in the correct unit of measurement
scientific method
too expensive
Environmental scanning
symptom
production oriented
nonrespondents
ratio
Question
The cost of owning a product, including the initial purchase price of the product
A graphical method of representing events and courses
In which type of indirect measurement approach to measuring the relative
A pattern of variation of a time series that repeats every year
Why are PivotTables considered interactive
Customers’ lifetime purchases that generate net present v of future p stream
Decision Tree
(B) only
decision tree
conjoint analysis
seasonal
They allow you to rearrange row and column data
customer lifetime value
A structure in which internal node represents test on an attribute,
An incr in income does not affect the slope of the B line while a dec in price
Homogeneous preferences
The Explanatory variable are highly correlated with the dependent variable
Marketing effort
SSDT
All of the above
All of these
All of these
Exponential smoothing method
Coefficient of Correlation
Has ordered recently, orders frequently, but doesn't place a large order
support
to lock cells in worksheet so that a user cannot inadverntly change them
None of these
Mean absolute percentage error
Conjoint analysis
Question
The cost of owning a product, including the initial purchase price of the product
Solver allows the user to do all of the following except
it is a decision support tool that uses a tree-like graph or model of decisions
exists when all consumers have almost the same preferences
reason for failure in new product development strategy
Why are PivotTables considered interactive
What is the meaning of the term “heteroscedasticity”
Answer
conjoint analysis
An incr in income does not affect the slope of the B line
while a dec in price
increase the sale
All of the above
SSDT
personalization
1280
Collaborative Filtering
Conjoint analysis
Association
autocorrelation
Either a or b
A structure in which internal node represents
support
(B) only
Create a scenario showing the solution results
Decision tree
Homogeneous preferences
All of the above
They allow you to rearrange row and column data
The errors have non-zero mean
Question
Which of the following is most likely true if A and B are not mutually exclusive events ?
Which of the following is least likely a limitaion of risk models using spreadsheet?
Which of the following probability models is most likely to yield answers faster?
If a risk analyst wants to determine how skewed a distribution is, he should focus on measure of
Which of the following is least likely to be included in a risk register?
Which of the following is most likely true about the Value-of-information(VOI) analysis?
process occurs when one is sampling randomly without replacement from some population, and where one is counting the n
Which of the following is the most likely a reason that can make a risk analysis terrible?
Which of the following is the most likely to make your simulation software run slower?
Guruswamy, is a risk manager at Global Finance Company, has allocated extra funds to a project to deal with the associated r
process assumes that there is a constant probability that an event will occur per increment of time
The cumulative distribution function, F(x) is a mathematical equation that describes
Latin hypercube sampling uses a technique known as:
plot is produced by grouping the data generated for a models output into number of bars or classes
Which of the following is most likely a cardinal rule of risk analysis modelling?
Risk managers must distinguish between inherent risk and residual risk
In terms of utility, suppose a business unit considers a loss of 500,000 vastly larger than gain of Rs. 500,000. Based on this info
A risk analysis model that separates uncertainity and variability is described as
Which of the following is most likely an extension of the binomial process which treats the probability p as random variable
Which of the following theorems is a logical extension of conditional probability arguments?
The fourth moment about the mean is called the
Consider the following equations: F(x) = P(X<x)(1)
Which of the following is least likely a common modelling error
If a random variable X is continous, i.e. , it may take any value with defined range, the probabability of X having any precise va
Which of the following is most likely a reason for doing risk analysis?
A model includes a time series forecast. Which of the following plots is most useful for graphical representation of the results
Which of the following is the least likely true regarding calculations relating to moments?
Which of the following is most likely true regarding event tree
Which of the following is least likely to be associated with risk analysis softwares?
In a least squares linear regression, the fraction of the total variation in the dependent variable that is explained by the indep
Answer
??
Spreadsheets function too fast to be applied to a huge risk analysis model
A probability model that estimates the impact of a risk event.
shape
Risk identification techniques
VOI analysis helps to determine the worth of acquiring the worth of acquiring extra info to help the decision-maker.
Hypergeometric
??
Using the VodeCumulA(), VoseDiscrete()
Risk reserve
Binomial
probability that a variable X is less that or equal to x, i.e. F(x) = P(X≤x) for all x.
stratified sampling without replacement
Histogram
Every iteration of a risk analysis model must be a scenario that could physically occur
Residual risk is the level of risk after the impact of migration efforts, while inherent
Linear
second
Negative-Binomial Process
Bayes' Theorem
kurtosis
The cumulative distribution function F(x) denotes the probability P that the variable X will be greater than or equal to x
calculating means instead of simulating scenarios
vanishingly small because a total probability of 1 must be distributed between an infinite number of values
Identifying risks and risk management strategies
trend
The variance of the sum of two independent distributions is qual to the sum of their variances.
an event tree offers a way to describe a seq of prob. Events together with prob n imp
SQL
coefficient of determination
n a simulation
cision-maker.
cision-maker.
han or equal to x
Question
referent; expert
Thinking leaders like to analyze, criticize, and approach decisions impersonally and objectively
Effective leadership involves actions based exclusively on reason and logic
Perceptual sets are the tendency to perceive everything.
Expert
The costs are too extensive.
Power
In-basket exercises
mentoring
The readiness level of the follower relative to the task to be accomplished.
Cognitive resource theory
identify the constituencies affecting the team
self-fulfiling prophecy
Natural characteristics or talents can offer certain leadership advantages or disadvantages.
A challenge of leaderhip is to know when common sense applies and when it does not.