Input Measures Include Such Metrics As
Question: Long term capacity plans deal with:
Answer: investments in new facilities.
Question: Long term capacity decisions that confront managers include all of the following except:
Answer: workforce size.
Question: Regarding the measurement of capacity, when a firm provides a relatively small number of standardized products and services:
Answer: output measures are typically used.
Question: Input measures include such metrics as:
Answer: the number of machine hours available.
Question: The degree to which equipment, space, or labor is being used is commonly referred to as:
Answer: utilization.
Question:
Answer: 73%
Question:
Answer: 10 tons/day
Question: Use Output Measures when:
Answer: -process has high volume and the firm makes a small number of standardized products (mass production)
Question: Use Input Measures when:
Answer: -product variety and divergence is high
-the product or service mix is changing
-productivity rates are expected to change
-significant learning effects are expected
Question: Economies of Scale
Answer: -spreading fixed costs
-cutting costs of purchased materials
-finding process advantages