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OMGT Quiz 3 Questions and Answers
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OMGT Quiz 3 Questions and Answers
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OMGT Quiz 3 Questions and AnswersThe capability of a worker, a machine, a work center, a plant, or a organization to
produce output in a time period.
○How capacity is measured
○Which factors affect capacity
○The impact of the supply chain on the organization's effective capacity - Answer-
Define capacity
No, it gives you more capacity - Answer-In general, does high conformance quality
reduce capacity
A capacity strategy in which capacity is added in anticipation of demand - Answer-Lead
capacity strategy
does not include a provision for a price break
BEP = FC/R-VC
BEP = break- even point
FC = fixed cost
VC = variable cost per unit of business activity
R = revenue per unit of business activity - Answer-What’s the break-even formula
The long-term, expected output capability of a resource or system - Answer-Rated
capacity
thickness - Answer-which one is not an appropriate measure of capacity
○0-
○Can be used to preempt competitors who might be planning to expand their own
capacity
○Ensures that the organization has adequate capacity to meet all demands - Answer-
Know the advantage of lead capacity strategy
Lag Capacity - Answer-Which one of the capacities is not good to use during a period of
high growth
Expenses directly tied to the level of business activity
○Payment of raw material - Answer-Know an example of variable cost
TC = FC + VC * X
TC = Total Cost
FC = Fixed Cost
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