Question: Every capacity alternative, whether it is a large, medium, or small plant or equipment, has an optimum production or operating volume level. Producing beyond the
Every capacity alternative, whether it is a large, medium, or small plant or equipment, has an optimum production or operating volume level. Producing beyond the optimum level causes ______.
-economies of scope -economies of scale -diseconomies of scope
Historical data used to predict the average or trend of actual demand is based on which of the following assumptions?
-Past demand is independent of its future -Past demand is a reliable predictor of its future -Past demand is directly proportional to its future
In effective global capacity management, the time horizon for a regular capacity planning cycle is ______.
-a short to intermediate term (3-4 weeks) -intermediate to long term (1-4 or more years) - intermediate to long term (15-20 or more years)
in planning service capacity, firms have to manage the trade-off between ______.
-lost customers and higher costs from maintaining a capacity cushion -lost customers and higher costs from operating at diseconomies of scale -lost customers and higher costs from attracting new customers
Which of the following is a form of quantitative analysis that uses causal techniques in order to identify related variables in order to make forecasts?
-time series analysis -the delphi method -associative methods
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