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Operations and Supply Chain Management Study Set 5

Statistics

Quiz 10 :

Capacity Management

Quiz 10 :

Capacity Management

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The Theory of Constraints focuses on eliminating all bottleneck activities in a process.
Free
True False
Answer:

Answer:

False

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A capacity _____ strategy is a strategy for expanding capacity that waits until demand has increased to a point where additional capacity is necessary.
Free
Multiple Choice
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Answer:

A

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Long-term capacity decisions usually involve adjusting schedules or staffing levels.
Free
True False
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Answer:

False

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The traditional operations management definition of throughput is:
Multiple Choice
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Which of the following statements is true of a work order?
Multiple Choice
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Harlose Suits owns more equipment than required for manufacturing goods during periods of regular demand in order to tackle sudden demand surges.It also has a certain reserve of produced goods to tackle material shortages.In this case,the reserve of equipment and produced goods are examples of _____.
Multiple Choice
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Which of the following is a way to manage capacity by adjusting short-term capacity levels?
Multiple Choice
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The ideas and methods surrounding a revenue management system are often called yield management.
True False
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Offering complementary goods or services is an example of a short-term capacity strategy.
True False
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A _____ consists of dynamic methods to forecast demand,allocate perishable assets across market segments,decide when to overbook and by how much,and determine what price to charge different customer classes.
Multiple Choice
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The earliest revenue management systems focused solely on _____.
Multiple Choice
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Nonbottleneck management principles differ from bottleneck management principles because according to nonbottleneck management principles,_____.
Multiple Choice
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A _____ matches capacity additions with demand as closely as possible.
Multiple Choice
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Scorla Corp.is an apparel manufacturing factory.Its average resource utilization per year is calculated as 70%.The average safety capacity of Scorla Corp.is _____.
Multiple Choice
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Greyon Spinning Mills Inc.owns 600 spinning machines.Out of these,only 500 are used in a given year.Given this information,the utilization of spinning machines at Greyon Spinning Mills Inc.is _____.
Multiple Choice
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In the Theory of Constraints,constraints determine the throughput of a facility.
True False
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At Rues and West Bros.,a spare parts manufacturing company,the most important competitive priority is quality.Only a few key spare parts are produced using similar process designs.In this scenario,Rues and West Bros._____.
Multiple Choice
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A work order is a specification of work to be performed for a customer or a client.
True False
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In a revenue management system,forecasting,allocation,overbooking,and pricing must work in unison if the objective is to:
Multiple Choice
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Diseconomies of scale are known as the capacity cushion.
True False
Answer:
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