Mgsc 395 exam 2 questions - Study guides, Class notes & Summaries
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mgsc 395 exam 2 | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A
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capacity 
: maximum rate of output of a process or a system 
capacity management consists of: 
: capacity planning 
constraint management 
capacity planning 
: long term 
econonomies/diseconomies of scale 
capacity timing and sizing strategies 
systematic approach 
constraint management 
: short term 
TOC 
2 | P a g e 
identification/mgmt of bottlenecks 
product mix decisions using bottlenecks 
managing constraints in a line process 
output measures of capacity 
: high volume, standardized proc...
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mgsc 395 exam 2 (practice test questions) Questions with correct answers
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mgsc 395 exam 2 (practice test questions) Questions with correct answers
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MGSC 395 Exam #2 Concept questions and answers latest 2024
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MGSC 395 Exam #2 Concept questions and answers latest 2024
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MGSC 395 Exam 2 USC Gaffney Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
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Theory of Constraints 
: 1) Identify the system's constraints 
2) Decide how to exploit the system's constraints 
3) Subordinate everything else to the above decision 
4) Elevate the system's constraints 
5) Do not allow inertia to cause a system constraint 
As ___________ decreases, Net Profit, Cash Flow, and Return on Investment increase. 
: inventory 
As ___________ increases, Net Profit, Cash Flow, and Return on Investment increase. 
: throughput 
2 | P a g e 
As ________ decreases, Net ...
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MGSC 395 Exam #2 Concept Questions And Answers | Rated 100% Correct!!
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The theory of constraints methods increase the firm's profits more effectively by 
focusing on what? - CORRECT ANSWER-making materials flow rapidly through 
the entire system 
The theory of constraints defines inventory as - CORRECT ANSWER-all the 
money invested in a system in purchasing things that it intends to sell 
Of the seven key principles of the theory of constraints, which is the first 
principal? - CORRECT ANSWER-the focus should be on balancing flow, not on 
balancing capacity 
An i...
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mgsc 395 exam 2 (practice test questions and answers)
- Exam (elaborations) • 6 pages • 2024
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Bottlenecks exist in which type of manufacturing processes? - CORRECT 
ANSWER-job process, batch process, line process 
What is the name of the product mix decision method that takes advantage of the 
principles outlined in the theory of constraints? - CORRECT ANSWER-the 
traditional method 
The theory of constraints methods increase the firm's profits more effectively by 
focusing on what? - CORRECT ANSWER-making materials flow rapidly through 
the entire system 
A simple process for matching ...
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MGSC 395 Exam #2 Concept Updated Questions with 100% Correct Answers | Latest & Verified
- Exam (elaborations) • 6 pages • 2024
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The theory of constraints methods increase the firm's profits more effectively by 
focusing on what? - CORRECT ANSWER-making materials flow rapidly through 
the entire system 
The theory of constraints defines inventory as - CORRECT ANSWER-all the 
money invested in a system in purchasing things that it intends to sell 
Of the seven key principles of the theory of constraints, which is the first 
principal? - CORRECT ANSWER-the focus should be on balancing flow, not on 
balancing capacity 
An i...
-
MGSC 395 Exam 2 Questions And Answers
- Exam (elaborations) • 10 pages • 2024
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- $13.49
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MGSC 395 Exam 2 Questions And Answers
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MGSC 395 Exam #2 Concept Questions
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MGSC 395 Exam #2 Concept Questions
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MGSC 395 EXAM 2 PRACTICE TEST QUESTIONS
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Bottlenecks exist in which type of manufacturing processes? - Answer- job process, batch process, line process 
 
What is the name of the product mix decision method that takes advantage of the principles outlined in the theory of constraints? - Answer- the traditional method 
 
The theory of constraints methods increase the firm's profits more effectively by focusing on what? - Answer- making materials flow rapidly through the entire system 
 
A simple process for matching work elements to wor...
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