faked and coiled are two different methods. Let me see if I can explain in print...faked... take a length of rope, lay it down on the deck, uncoiling it as you go, when you run out of room, make a loop at the end of your working room, then lay more down alongside the first strand until you come to the other end of your working room, make another loop and repeat the process until it is all faked down. This works well for a "Towing hawser" because it will pay out by itself.

Flaked is something you do to vegetables. English can be very imprecise at times. How often have you heard someone say "The ship FLOUNDERED, when the right word is FOUNDERED"?