Question: 1 4 points Identify ALL True statements. Utilization will typically be lower than efficiency When capacity exceeds demand, the firmtcan effectively respond by using appointments.

14 points
Identify ALL True statements.
Utilization will typically be lower than efficiency
When capacity exceeds demand, the firmtcan effectively respond by using appointments.
When demand exceeds capacity, the firm can effectively respond by using reservations.
When capacity exceeds demand, the firm can effectively respond by raising prices.
Price changes are useful for matching the level of demand to the capacity of a facility.
Effective capacity is typically higher than design capacity.
Utilization will typically be higher than efficiency
14 points Identify ALL True statements. Utilization will typically be lower

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