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SCM 303 exam 2 - questions MSU Questions and Correct Answers the Latest Update $14.49   Add to cart

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SCM 303 exam 2 - questions MSU Questions and Correct Answers the Latest Update

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  • Course
  • SCM 303
  • Institution
  • SCM 303

Capacity is directly related to: (Choose all that apply) Output Machines Time Processes Output Machines Time Processes equipment utilization is normally expressed as a percentage of design capacity #Examify | #OnlineExams | #TestPrep | #StudyResources | #AcademicSuccess | #Ex...

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  • November 7, 2024
  • 60
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • SCM 303
  • SCM 303
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SCM 303 exam 2 - questions MSU
Questions and Correct Answers the
Latest Update
Capacity is directly related to: (Choose all that apply)




Output




Machines




Time




Processes


✓ Output

✓ Machines

✓ Time

✓ Processes



equipment utilization is normally expressed as a percentage of design capacity




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True




False


✓ True



Which of these in NOT an approach to capacity planning?




Tracking




Leading




Forecasting




Following


✓ Forecasting



"Economies of scale" means that large factories operating a planned capacity

are able to make many different products at the same time and promise short

delivery times.




True

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False


✓ False



Foundries owe much of their success to:




Location




Flexibility




Volume purchases of materials and supplies




Diseconomies of scale


✓ Flexibility



Benefits received from "economies of scale" include: (Choose all that apply)




Volume purchases of materials and supplies




Lower cost per unit produced


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A steady stream of customer orders




The more you do something, the better you get at it


✓ Lower cost per unit produced

✓ The more you do something, the better you get at it



The learning curve measures:




Overall factory performance




Reduction in direct labor costs




Reduction in production costs per unit




Increase in production volume


✓ Reduction in direct labor costs



Which of these is a proper application of the learning curve? (Choose all that

apply)



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