Question: A process is defined as any transformation that converts inputs to output. Group of answer choices True False Flag question: Question 2 Question 2 2
A process is defined as any transformation that converts inputs to output.
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To maximize profitability, it is always better to give priority to produce products with highest unit contribution margins.
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False
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Doubling the number of units of a bottleneck resource will double the process capacity.
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Maximizing utilization of each resource pool is an exercise in futility ie it's somewhat useless
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Capacity is the maximum sustainable throughput of a process.
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Inventory turns can be found using T or RI
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A collection of interrelated tasks that accomplish a particular goal is known as:
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Activities
Critical Path
Goals
Business Process
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None of the answers are correct
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Dishes are piling up in a restaurant's kitchen because a dishwasher called in sick. Now the kitchen's "dish room" has only one dishwasher instead of two. The dish room is now at utilization and is slowing the entire kitchen process down. So for this process dishwashers would be considered aan
Group of answer choices
bottleneck
liability
asset
buffer
None of the given options
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