MGSC 395 Exam 2 Questions With Solutions
When are output measures of capacity best utilized? When applied to individual processes
within the firm or when the firm provides a relatively small number of standardized services or
products
When are input measures of capacity best utilized? Low vol...
2. wait & see strategy (smaller. more frequent jumps)
A ___ approach is needed for long term capacity decisions systematic
4 steps for a sound capacity decision (assuming mgmt already determined existing capacity &
whether current capacity cushion is appropriate) 1. estimate future capacity requirements
2. identify gaps by comparing requirements w/ available capacity
3. develop alt plans for reducing the gaps
4. evaluate each alt, both quant and qual, and make a final choice
, MGSC 395 Exam 2 Questions With Solutions
Capacity requirements What a process's capacity should be for some future time period to
meet the demand of customers (ext or int) given the firm's desired capacity cushion
2 ways capacity requirements can be expressed 1. output measure
2. input measure
4 potential foundations for the estimate of capacity requirements 1. forecasts of demand
2. productivity
3. competition
4. technological change
Planning horizon The set of consecutive time periods considered for planning purposes
What is the simplest way to express capacity requirements? an output rate
4 situations output measures might be insignificant 1. product variety and process
divergence is high
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