Capacity plannin - Study guides, Class notes & Summaries

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...

Capacity PlanningCapacity– Max rate of output of a process or systemLong Term Capacity– relates primarily to strategic issues involving the firms major production facilitiesShort Term Capacity– concerns issues of scheduling, labor shifts, and balancing resource capacities the goal of short-term capacity planning is to handle unexpected shiftsin demand in an efficient economic manner.Utilization– degree to which a resource such as

CLTD Module 4 - Capacity Planning and Demand Management Exam 2024

The Acme Manufacturing Company is operating at a maximum rate of production and meeting the demand of its customer base. Acme is ©OPerating at capacity M Correct. Capacity, which is the maximum rate of production, is a measure of an organization's ability to provide customers with the demanded services or goods in the amount requested and in a timely manner. Question 2 of 13 A product-oriented ¥ layout is characterized by high consumer demand for similar goods that have few variations...

CLTD Module 4 - Capacity Planning and Demand Management Exam Questions With Accurate Solutions

Which term refers to the maximum rate of production? Capacity Efficiency Bottleneck Department Correct. Capacity, which is the maximum rate of production, is a measure of an organization's ability to provide customers with the demanded services or goods in the amount requested and in a timely manner. Question 2 of 6 True or false? A product-oriented layout is characterized by demand for a variety of products that have different production requirements. True False Correct. A proces...

WGU C720 Competency 4: Process Design, Capacity Planning and Location Analysis latest update Capacity - answer-the measure of an organization's ability to sustainably provide customers with the demanded services or goods in the amount requested and in a timely manner, given current resources Capacity Planning - answer-is needed to support customer demand and maintain production capacity as demands for products change Capacity Planning Strategies - answer-- Lead - Lag - Match - Adju...

Capacity Planning️️long to medium term planning process that results in providing the right amount of logistics capacity for actual demand Forecasting️️the business function that attempts to predict sales and use of products so they can be purchased/manufactured in appropriate quantities in advance Two Types of Forecasting️️qualitative and quantitative Primary purpose of forecasting️️to prevent overstocks and stockouts Bias️️a consistent deviation from the mean ...

WGU C720 Competency 4| Process Design, Capacity Planning and Location Analysis, Questions and answers, VERIFIED

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...