Essay about Net Present Value and Moderate Keywords
6 |
Capacity Planning | |
TRUE/FALSE
1. Capacity is the maximum rate of output of a process. Answer: True Reference: Introduction
Difficulty: Easy
Keywords: capacity, maximum output rate
2. Capacity decisions should be made separate from strategic decisions. Answer: False Reference: Introduction Difficulty: Moderate Keywords: capacity decision, strategic decisions
3. Capacity can be expressed by output or input measures. Answer: True Reference: Planning Long-Term Capacity Difficulty: Moderate Keywords: capacity, input measures, output measures
4. Input measures of capacity are inherently more accurate than output measures of …show more content…
22. Waiting line models are often used for capacity planning. Answer: True Reference: Tools for Capacity Planning Difficulty: Moderate Keywords: waiting line models, capacity planning
MULTIPLE CHOICE
23. Long-term capacity plans deal with: a. investments in new facilities. b. workforce size. c. inventories. d. overtime budgets. Answer: a Reference: Planning Long-Term Capacity Difficulty: Moderate Keywords: long-term capacity, new facilities
24. Long-term capacity decisions that confront managers include all of the following except: a. capital equipment. b. additional land. c. buildings. d. workforce size. Answer: d Reference: Capacity Planning Over Longer Time Horizons Difficulty: Moderate Keywords: long-term capacity
25. Regarding the measurement of capacity, when a firm provides a relatively small number of standardized products and services: a. capacity cannot be determined reliably. b. input measures are typically used. c.