Diseconomies of scale - Study guides, Class notes & Summaries

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...

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...

ETS Major Field Test (Practice Test): Bachelor's Degree in Business. The common characteristic possessed by all assets is a) Long life b) Great monetary value c) Tangible nature d) Future economic benefit Which Foreign Direct Investment (FDI) attempts to acquire particular resources at a lower real cost than could be obtained in the home country? a) Market-seeking FDI b) Efficiency-seeking FDI c) Resource-seeking FDI d) Strategic asset-seeking FDI Under the Uniform Comm...

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...

characteristics of monopolistic competition include all of the following except correct answers identical products As the manager of a waterpark, you want to increase the number of tickets sold by 6%. Your staff economist has determined that the price elasticity of demand for waterpark tickets is 2. To increase sales by the desired amount, you should decrease price by correct answers 3% A production possibilities frontier shows correct answers all of the possible combinations of goods & se...

Capacity Planning Capacity – Max rate of output of a process or system Long Term Capacity – relates primarily to strategic issues involving the firms major production facilities Short Term Capacity – concerns issues of scheduling, labor shifts, and balancing resource capacities the goal of short-term capacity planning is to handle unexpected shifts in demand in an efficient economic manner. Utilization – degree to which a resource such as equipment, workspace, or workforce is cur...