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EBTM 365 EXAMS QUESTIONS AND ANSWERS $15.49   Add to cart

Exam (elaborations)

EBTM 365 EXAMS QUESTIONS AND ANSWERS

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  • EBTM 365

EBTM 365 Bottleneck operation - Answer-An operation that limits output in the production sequence Economies of scale - Answer-If the output rate is less than the optimal level, increasing output rate results in decreasing average unit costs Impacts of capacity decisions - Answer-impacts ab...

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  • November 4, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • EBTM 365
  • EBTM 365
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Freshy
EBTM 365
Bottleneck operation - Answer-An operation that limits output in the production
sequence

Economies of scale - Answer-If the output rate is less than the optimal level,
increasing output rate results in decreasing average unit costs

Impacts of capacity decisions - Answer-impacts ability to meet future demands and
long range planning

Capacity planning - Answer-the upper limit or ceiling on the load that an operating
unit can handle

Demand exceeds capacity - Answer-restricts demand by raising prices, scheduling
longer lead time

capacity exceeds demand - Answer-stimulate market and product changes

adjusting to seasonal demand - Answer-produce products with complementary
demand patterns

theory of constraints - Answer-five step process for recognizing and managing
limitations

effective capacity - Answer-the capacity a firm expects to achieve given current
operating constraints

design capacity - Answer-the maximum theoretical output of a system (normally
expressed as a rate)

efficiency - Answer-the percent of effective capacity achieved

utilization - Answer-the percent of design capacity achieved

key success factors - Answer-a created list developed of factors relevant to the
situation

globalization and location decisions - Answer-region/community decision and site
decision

labor productivity - Answer-lower productivity may increase total cost

cross-docking - Answer-materials are moved directly from receiving to shipping and
are not placed in storage in the warehouse

cycle time - Answer-the maximum time allowed at each workstation to complete its
set of tasks on a unit

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