ISDS 3115 EXAM 1 QUESTIONS AND ANSWERS LATEST
04/24/2026
2026, EXAMS
ISDS 3115 Exam 1 Questions And Answers latest 2026,
Exams of Business Economics
Is this true?
Work breakdown structure is a useful tool in project management because it addresses the timing of
individual work elements.
False
A project organization:
is effective for companies with multiple large projects
In a PERT network, non-critical activities that have little slack need to be monitored closely:
because near-critical paths could become critical paths with small delays in these activities.
Which of the following statements regarding CPM is true?
All activities on the critical path have their LS equal to the maximum EF of all immediate predecessors.
Is this True: One advantage of exponential smoothing is the limited amount of record keeping involved.
True
One use of short-range forecasts is to determine:
job assignments
, ISDS 3115 EXAM 1 QUESTIONS AND ANSWERS LATEST
04/24/2026
2026, EXAMS
Which of the following is not a type of qualitative forecasting?
moving average
What are types of qualitative forecasting?
Delphi method, sales force composite, market survey, jury of executive opinion
If two variables were perfectly correlated, what would the coefficient of correlation r equal?
-1 or 1
The set of activities that relate to the creation of goods and services through the transformation of
inputs to outputs is referred to as
operations management.
What is NOT one of the 10 strategic OM decisions?
Marketing
What are the 10 strategic OM decisions?
1. Design of goods and services
2. Managing quality
3. Process and capacity strategy
4. Location strategy
5. Layout strategy
04/24/2026
2026, EXAMS
ISDS 3115 Exam 1 Questions And Answers latest 2026,
Exams of Business Economics
Is this true?
Work breakdown structure is a useful tool in project management because it addresses the timing of
individual work elements.
False
A project organization:
is effective for companies with multiple large projects
In a PERT network, non-critical activities that have little slack need to be monitored closely:
because near-critical paths could become critical paths with small delays in these activities.
Which of the following statements regarding CPM is true?
All activities on the critical path have their LS equal to the maximum EF of all immediate predecessors.
Is this True: One advantage of exponential smoothing is the limited amount of record keeping involved.
True
One use of short-range forecasts is to determine:
job assignments
, ISDS 3115 EXAM 1 QUESTIONS AND ANSWERS LATEST
04/24/2026
2026, EXAMS
Which of the following is not a type of qualitative forecasting?
moving average
What are types of qualitative forecasting?
Delphi method, sales force composite, market survey, jury of executive opinion
If two variables were perfectly correlated, what would the coefficient of correlation r equal?
-1 or 1
The set of activities that relate to the creation of goods and services through the transformation of
inputs to outputs is referred to as
operations management.
What is NOT one of the 10 strategic OM decisions?
Marketing
What are the 10 strategic OM decisions?
1. Design of goods and services
2. Managing quality
3. Process and capacity strategy
4. Location strategy
5. Layout strategy
