Q4 Data-Driven Decision Making

Q4 Data-Driven Decision Making

University

24 Qs

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Q4 Data-Driven Decision Making

Q4 Data-Driven Decision Making

Assessment

Quiz

Business

University

Practice Problem

Easy

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24 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Which statement is not true of the Seven Basic Tools of Quality?

An average worker can easily understand how to use the tools

Processes are represented graphically

The tools are based on statistics

Tools can be used independent of each other

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

A maker of computer chips develops a new training program to assure that quality standards are met. Which of the following activities is the training program an example of?

Quality Control activity

Lean Operations activity

Quality assurance activity

Just-in-time activity

3.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

A recent poll of 519 adults who flew in the past year found they ranked the following as their number 1 complaint: cramped seats (45), cost (16), fear of flying (57), security measures (119), poor service (12), connecting flight problems (8), overcrowded planes (42), late planes (57), food (7), and other (51). Which technique would be used display a ranking of the complaints?

Scatter diagram

Pareto chart

Cause-and-effect diagram

Control chart

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

A Charity is evaluating the effectiveness of its annual walk promotional campaign, in increasing walk participants and donations.What is the appropriate tool for evaluating performance?

Management by objectives

Results-based management

Balanced scorecard

Key Performance Dashboard

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

An online Active Wear retailer wants to use their last year's sales to evaluate consumer trends before ordering merchandise for fall season. What process should they use to discover consumer purchasing patterns?

Hypothesis testing

Linear programming

Data mining

Qualitative research

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

City Line Transport wants to look at its fuel costs for 2013, 2014 and 2015 against the start-up base period of 2012. What analytic method should the company use?

Exponential smoothing

Simple Index

Cumulative incidence

Moving average

7.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

An International Health Organization is concerned about the spread of the Zika virus in South America as mosquito season approaches. It proposes measuring the growth of new cases for the total population over the next six months. What type of analytics would this represent?

Prevalence

Ratio

Cumulative Incidence

Incidence Rate

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