Mgsc 395 exam 2 questions - Study guides, Class notes & Summaries

MGSC 395 Exam 2 with Questions and veried Answers 2023/2024 latest update already graded A+

mgsc 395 exam 2|64 Questions and Answers

mgsc 395 exam 2 (practice test questions)

MGSC 395 (Exam 2) Questions And Answers 100% Verified 2024/2025 A demand management option for a company is to even out the load on resources by producing ___________ products, or services that have similar resource requirements but different demand cycles. A. backlog products B. complementary products C. prescheduled products D. promotional products - answerB. complementary products Generally, which of the following are to be avoided when managing demand? A. quantity discounts B. bac...

The max rate of output of a process or system : Capacity Investments in new facilities and equip at the organizational level, and require top mgmt participation and approval bc they are not easily reversed : What do long-term capacity plans involve? How much of a cushion is needed for variable demand & should we expand capacity ahead of demand or wait until demand is more certain : When choosing a capacity strategy, what do managers need to consider? 1. output measures 2. input measur...

Capacity : The max rate of output of a process or system What do long-term capacity plans involve? : Investments in new facilities and equip at the organizational level, and require top mgmt participation and approval bc they are not easily reversed When choosing a capacity strategy, what do managers need to consider? : How much of a cushion is needed for variable demand & should we expand capacity ahead of demand or wait until demand is more certain 2 ways capacity can be expressed :...

MGSC 395 (Exam 2) Questions And Answers 100% Verified 2024/2025 A demand management option for a company is to even out the load on resources by producing ___________ products, or services that have similar resource requirements but different demand cycles. A. backlog products B. complementary products C. prescheduled products D. promotional products - answerB. complementary products Generally, which of the following are to be avoided when managing demand? A. quantity discounts B. bac...

maximum rate of output of a process or a system : capacity capacity planning constraint management : capacity management consists of: long term econonomies/diseconomies of scale capacity timing and sizing strategies systematic approach : capacity planning 2 | P a g e short term TOC identification/mgmt of bottlenecks product mix decisions using bottlenecks managing constraints in a line process : cons

MGSC 395 Exam 2 with Questions and veried Answers 2023/2024 latest update already graded A+ Capacity - ANSWER>>The max rate of output of a process or system Goal: meet customer demand Effect of too little capacity - ANSWER>>Misses revenue opportunities and may impact on time delivery performance Effect of too much capacity - ANSWER>>Wasting money and may lead to the downfall of the company Characteristics of Long term capacity planning - ANSWER>>1. decisions are ma...