Podcast
Questions and Answers
What is the objective of a process strategy?
What is the objective of a process strategy?
What determines fixed costs?
What determines fixed costs?
What are the options for adjusting capacity in short-range planning?
What are the options for adjusting capacity in short-range planning?
What does capacity refer to?
What does capacity refer to?
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What is a characteristic of long-range planning for adjusting capacity?
What is a characteristic of long-range planning for adjusting capacity?
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Capacity refers to the number of units a facility can hold, receive, store, or produce in a period of time
Capacity refers to the number of units a facility can hold, receive, store, or produce in a period of time
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Long-range planning for adjusting capacity may involve adding facilities and long lead time equipment
Long-range planning for adjusting capacity may involve adding facilities and long lead time equipment
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Intermediate-range planning for adjusting capacity may involve subcontracting and adding equipment
Intermediate-range planning for adjusting capacity may involve subcontracting and adding equipment
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Short-range planning for adjusting capacity includes adding personnel and building or using inventory
Short-range planning for adjusting capacity includes adding personnel and building or using inventory
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Determining fixed costs is not influenced by the capacity of a facility
Determining fixed costs is not influenced by the capacity of a facility
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Study Notes
Process Strategy Objectives
- The objective of a process strategy is not mentioned in the provided text.
Capacity and Costs
- Capacity refers to the number of units a facility can hold, receive, store, or produce in a period of time.
- Determining fixed costs is not influenced by the capacity of a facility.
Capacity Adjustment Options
- Short-range planning for adjusting capacity includes:
- Adding personnel
- Building or using inventory
- Intermediate-range planning for adjusting capacity may involve:
- Subcontracting
- Adding equipment
- Long-range planning for adjusting capacity may involve:
- Adding facilities
- Investing in long lead time equipment
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Description
Test your knowledge of capacity and constraint management with this quiz based on principles from the Heizer and Render Operations Management, 10e and Principles of Operations Management, 8e textbooks. Challenge yourself with questions on process strategies, customer requirements, and product specifications.
