Capacity - ANSWERSThe upper limit or ceiling on the load that an operating unit can handle
Design Capacity - ANSWERSThe maximum designed service capacity or output rate.
Effective Capacity - ANSWERSDesign capacity minus allowance.
Indifference Point - ANSWERSThe quantity that would make two ...
Capacity - ANSWERSThe upper limit or ceiling on the load that an operating unit can handle
Design Capacity - ANSWERSThe maximum designed service capacity or output rate.
Effective Capacity - ANSWERSDesign capacity minus allowance.
Indifference Point - ANSWERSThe quantity that would make two alternatives equivalent.
Cash Flow - ANSWERSThe difference between cash received from sales and other sources, and cash
outflow for labor, material, over-head, and taxes.
Present Value - ANSWERSThe sum, in current value.
Diseconomies of Scale - ANSWERSIf the output rate is more than the optimal level, increasing the output
rate results in increasing average unit cost
Constraint - ANSWERSLimits the performance of a process in achieving its goals
Break-Even Point - ANSWERSCost and revenue is equal
Capacity Cushion - ANSWERSExtra capacity used to offset demand uncertainty.
Bottleneck Operation - ANSWERSCapacity is lower than that of the other operations.
Economies of Scale - ANSWERSIf the output rate is less than the optimal level, increasing the output rate
results in increasing average unit cost
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