Diseconomies of scale - Samenvattingen, Aantekeningen en Examens

If, when a firm doubles all its inputs, its average cost of production decreases, then production displays a.) diminishing returns b.) economies of scale c.) diseconomies of scale d.) declining fixed costs correct answers b. ) economies of scale The long-run average cost curve shows A) the lowest average cost of producing every level of output in the long run. B) where the most profitable level of output occurs. C) the average cost of producing where diminishing returns are not prese...

maximum rate of output of a process or a system : capacity capacity planning constraint management : capacity management consists of: long term econonomies/diseconomies of scale capacity timing and sizing strategies systematic approach : capacity planning 2 | P a g e short term TOC identification/mgmt of bottlenecks product mix decisions using bottlenecks managing constraints in a line process : cons

MGSC Exam 2 Questions And Answers 100% Verified 2024/2025 which of the following is considered a "pure" production planning strategy: variable work-force, stable work hours lag demand level playing field stable workforce, stable work hours product warehouse - answerstable workforce, stable work hours Matching the production rate to the order rate by hiring and laying off employees as the order rate varies is which of the following pure production planning strategies? stable work forc...

MGCR 293 International Business Final Exam Practice Multiple-Choice Questions and answers new update McGill University Section 1: 50 Questions: Each question is worth 1 point. 1. A firm’s total cost function is TC = 100 + 50Q – 10Q2 + Q3. What is the output level (Q*) that minimizes the average variable cost? A. Q* = 5 units. B. Q* = 10 units. C. Q* = 15 units. D. Q* = 20 units. E. None of the above. 2. A firm’s total cost function is TC = 10 + 5Q – 9Q2 + 0.5Q3. What is the...

ADVICE • Read each question carefully before you start your answer. You must have: • the Resource Booklet You can use: • a calculator 2 OCR 2023 Use the Resource Booklet to answer the questions. 1 Analyse one ethical issue affecting Amazon. .......................................................................................................................................................... ..........................................................................................

capacity : maximum rate of output of a process or a system capacity management consists of: : capacity planning constraint management capacity planning : long term econonomies/diseconomies of scale capacity timing and sizing strategies systematic approach constraint management : short term TOC 2 | P a g e identification/mgmt of bottlenecks product mix decisions using bottlenecks managing constraints in a line process output measures of capacity : high volume, standardized proc...

MGSC Exam 2 Questions And Answers 100% Verified 2024/2025 which of the following is considered a "pure" production planning strategy: variable work-force, stable work hours lag demand level playing field stable workforce, stable work hours product warehouse - answerstable workforce, stable work hours Matching the production rate to the order rate by hiring and laying off employees as the order rate varies is which of the following pure production planning strategies? stable work forc...

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 | #ExamPreparation | #QuizTime | #LearningTools | #Education | #StudentSupport Examify | Smart Grades | Latest update True False True Which of these in NOT an approach to capacity planning? Track...

Little's Law states there is a relationship between: (Choose All that apply) - Inventory - Flow time - Output - Throughput Inventory, Flow Time, and Throughput Throughput, sometimes referred to as output rate, is expressed in units produced per hour. T/F? False If you maintain inventory at a constant level and keep the throughput rate constant: - Cycle time will decrease - Customer delivery dates become more reliable - You are following a push operating system #Examify | #On...

Economies of scale exist as a firm increases its size in the long run because of all the following except: correct answers As a firm expands its production, its profit margin per-unit of output increases Over the past twenty years, the number of small family farms has fallen significantly and in their place there are fewer, but larger, farms owned by corporations. Which of the following best explains this trend? correct answers Economies of scale in farming The president of Toyota's Geor...