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BUSI 411 Exam 2 (Version 1), Verified And Correct Answers, Liberty Univ $7.99   Add to cart

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BUSI 411 Exam 2 (Version 1), Verified And Correct Answers, Liberty Univ

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BUSI 411 Exam 2 (Version 1), Verified And Correct Answers, Liberty Univ

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  • August 29, 2022
  • 8
  • 2022/2023
  • Exam (elaborations)
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BUSI 411 Exam 2

Question 1
Which of the following is a key question in capacity planning?
Selected Answer: When do we need the capacity?



Question 2

Utilization is defined as the ratio of:
Selected Answer: actual output to design capacity.



Question 3

Given the following information, what would utilization be?

Effective capacity = 20 units per day
Design capacity = 60 units per day
Actual output = 15 units per day
Selected Answer: 25%


Question 4

An alternative will have fixed costs of $10,000 per month, variable costs of
$50 per unit, and revenue of $70 per unit. The break-even point volume is:
Selected Answer: 500.


Question 5

, A Virginia county is considering whether to pay $50,000 per year to lease a
prisoner transfer facility in a prime location near Washington, D.C. They
estimate it will cost $50 per prisoner to process the paperwork at this new
location. The county is paid a $75 commission for each new prisoner they
process. How many prisoners would they have to process annually to break
even at this new location?
Selected Answer: 2,000



Question 6

An operations strategy for process selection should recognize that:
Selected Answer: flexibility is not always the best choice.


Question 7

Computer-aided manufacturing refers to the use of computers in:
Selected Answer: process control.



Question 8

A company needs to locate three departments (X, Y, and Z) in the three areas
(I, II, and III) of a new facility. They want to minimize interdepartmental
transportation costs, which are expected to be $.50 per load per meter moved.
An analyst has prepared the following distances and flow matrices:

Distances (meters)
From/
I II III
To
I - 10 20
II - 10
III -

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