Questions
1
In general, a less capital-intensive industry such as a hotel chain would do well with a utilization rate of:
Answer:60-70%.
2
A facility with a design capacity of 1,000 units, an actual average of 800 units, and effective capacity of 850 units has an efficiency of ______________.
Answer: 94%
3
The first steps of capacity planning and control do not include:
Answer:Studying the effect of queueing theory
4
Someone who controls media purchases and deals with advertising agencies is ____________________.
Answer:An advertising manager
5
A measure of the reserve capacity a process has to handle in unexpected increases in demand is the:
Answer:Capacity cushion.
6
The maximum output of a system in a given period is called the
Answer:Design capacity.
7
The multiple product case of determining breakeven in dollars
Answer:Weights the contribution of each product.
8
The basic break-even model
Answer:Demonstrates that fixed costs remain constant as output volume increases.
9
Which of the following provides the best definition of 'information'?
Answer:Data processed for a purpose
10
Which of the following decision is least likely to be supported by a management information system?
Answer:Company reorganisation
