SCM 303 Exam 2 Questions and Correct Answers the Latest Update
1 view 0 purchase
Course
SCM 303
Institution
SCM 303
An inspection _____
checks or verifies the results of another activity.
Identify the characteristics of a strategic capacity change.
- It includes large increases or decreases in capacity.
-It takes long time to implement.
- It requires changes to labor, equipment, and space.
______ is ...
SCM 303 Exam 2 Questions and Correct
Answers the Latest Update
An inspection _____
✓ checks or verifies the results of another activity.
Identify the characteristics of a strategic capacity change.
✓ - It includes large increases or decreases in capacity.
✓ -It takes long time to implement.
✓ - It requires changes to labor, equipment, and space.
______ is defined as the percentage of process capacity that is actually used.
✓ Utilization
Match the limiting resource with its time frame with the type of capacity change
required.
✓ - Equipment, space - short term --> Rental or leasing
✓ - Low-skilled labor - short term --> hiring part time or overtime
✓ -Physical plant - long term --> New building, outsourcing
Identify the four primary reasons for economies of scale in operations.
✓ -Allocation of fixed costs
✓ -Equipment and construction costs
✓ -Lower cost for purchases
✓ -Learning curves or practice improves output volume as employees gain skill
A car manufacturing firm uses a special type of alloy to manufacture its car
chassis. As a result of the process, environmental waste is produced. In this
scenario, environmental waste is an example of ______.
✓ unintended output
The constraining activity in a process that limits the overall output is called a
______.
✓ bottleneck
Match the outputs with their respective business process.
✓ -Supply management--> Order fulfillment, production schedules, goods and services
✓ -Innovation --> New products and new production technologies
✓ -Strategic planning --> Vision and long-term objectives and plans
✓ -Customer service --> Order entry, delivery commitments, resolve customer
problems
✓ - Performance measurement --> performance variances, trends
______ is the percentage of units successfully produced as a percentage of inputs.
✓ Yield rate
A ____ is a system of structured activities that use resources to transform inputs
into valuable outputs.
✓ process
Identify the statements that are true of maximum capacity.
✓ - Maximum capacity is also known as design capacity.
✓ -Design capacity is an engineering assessment of maximum output, assuming
continuous operation except for maintenance and repair time.
✓ -An assumption of maximum capacity is that all equipment and workers are fully
operational for the maximum amount of available time.
✓
✓ -Producing at a rate of maximum capacity can only be sustained for a short time.
______ time is the amount that an item spends waiting.
✓ Wait
Identify the three general strategies involved while determining when to change
capacity relative to demand.
✓ -Capacity lag strategy
✓ -Capacity lead strategy
✓ -Adding or removing capacity
A _________ is a measure, a standard, and a consequence that work together to
close the gap between what is valued by the customer and what is intended by
the organization.
✓ metric
Match the process activity with its associated resources that limit capacity.
Examify | Smart Grades | Latest update
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller TestTrackers. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.49. You're not tied to anything after your purchase.
