Final Exam Review QuestionsCh-6, 8, 9, 12, 131. What are the three broad categories of statistical quality control?2. Define acceptance sampling.3. Define statistical process control.4. Define control limits. What are assignable cause of Variation?5. Describe why service organizations have tended to lag manufacturing organization in the application of SQC.6. Why are forecasts more accurate for groups or families of items rather than for individual items?7. What are the five basic steps in the forecasting process?8. Describe three pros of quantitative forecasting methods.9. Describe three process of qualitative forecasting methods. 10. Describe some factors that contribute to the capacity of an emergency room, as measured by the number of patients served per day.  11. Why would a company consider purchasing or building a small facility, when in the long run they think that they could use a large one?12. Discuss why marketing is important in making capacity decisions.13. Discuss some of the factors on how much safety stock will be kept on hand.14. What are the three major categories of holding costs with examples?15. List some advantages of small order quantities16. What are the capacity-based options in aggregate planning? Pros and Cons of all options
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