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OPERATIONS MANAGEMENT CHAPTER 11 ACCURATE QUESTIONS AND ANSWERS WITH SOLUTIONS 2024 $17.49   Add to cart

Exam (elaborations)

OPERATIONS MANAGEMENT CHAPTER 11 ACCURATE QUESTIONS AND ANSWERS WITH SOLUTIONS 2024

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  • Course
  • OPERATION MANAGEMENT
  • Institution
  • OPERATION MANAGEMENT

OPERATIONS MANAGEMENT CHAPTER 11 ACCURATE QUESTIONS AND ANSWERS WITH SOLUTIONS 2024

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  • August 3, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • OPERATION MANAGEMENT
  • OPERATION MANAGEMENT
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OPERATIONS MANAGEMENT CHAPTER
11 ACCURATE QUESTIONS AND
ANSWERS WITH SOLUTIONS 2024
What is capacity? - ANSWER In a physical sense, means scale of operation, but must also incorporate a
time dimension appropriate to asset usage



What are the objectives of capacity planning and control? - ANSWER To provide an 'appropriate' amount
of capacity at any point in time



What is the capacity planning judged on? - ANSWER It's effects on costs, revenues, working capital,
service level



What are the steps in capacity planning and control? - ANSWER 1. Measure aggregate demand/capacity

2. Understand change effects

3. Determine the operation's base level of capacity

4. Identify/select methods of coping with mismatches between demand/capacity

5. Understand the consequences of different capacity decisions



What are the broad causes of seasonality? - ANSWER Climate, festive, behavioral, political, financial,
social



True or false: forecasts are essential for effective capacity planning? - ANSWER True coupled with
understanding demand uncertainty allows you to judge risks to service level



What happens when demand uncertainty is high? - ANSWER The risks to service level of under provision
of capacity are high



Define design capacity: - ANSWER The capacity of a process or facility as it is designed to be (greater
than effective capacity)

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