SCMA 331 Exam 2 SUPPLEMENT
ACTUAL QUESTIONS AND CORRECT
ANSWERS
The capability of a worker, machine, work center, plant or organization to
produce output per time period" is the definition of - CORRECT ANSWERS
capacity
"The maximum output capability, allowing for no adjustments for preventative
maintenance or unplanned downtime" is the definition of - CORRECT
ANSWERS theoretical capacity
"The long-term, expected output capability of a resource or system" is the
definition of - CORRECT ANSWERS rated capacity
Most companies measure capacity in terms of - CORRECT ANSWERS
inputs or outputs
Which of the following will move rated capacity closer to theoretical capacity? -
CORRECT ANSWERS a decrease in product complexity
"A capacity strategy in which capacity is added in anticipation of (before)
demand" is the definition of - CORRECT ANSWERS lead strategy
"A capacity strategy in which capacity is added only after demand has
materialized - CORRECT ANSWERS lag strategy
Question content area
Part 1
, One capacity strategy has advantages which include "assures adequate capacity
to meet all demand and preempts competitors" and risks which include "demand
is unpredictable and technology is evolving rapidly."
This capacity strategy is - CORRECT ANSWERS a lead strategy
One capacity strategy has advantages which include "reduced risk of
overbuilding and greater productivity due to higher utilization levels" and risks
which include "reduced availability of products or services during periods of
high demand."
This capacity strategy is - CORRECT ANSWERS a lag strategy.
A company is considering building a hotel in downtown Raleigh. They decide to
build the hotel in anticipation of demand because they want to make sure they
have adequate capacity to meet all demand and would like to preempt the
competition.
This capacity strategy is - CORRECT ANSWERS a lead strategy
"An estimate of the future value of some variable" is the definition of -
CORRECT ANSWERS a forecast
Refrigerant R-12 was to be phased out as manufacturers switched systems to the
environmentally friendly but more expensive GHG. Refrigeration repairmen
consulted their forecasting models and unanimously concluded that they should
stockpile R-12 while it was still affordable.
These forecasting models could be classified as - CORRECT ANSWERS
price forecasts
ACTUAL QUESTIONS AND CORRECT
ANSWERS
The capability of a worker, machine, work center, plant or organization to
produce output per time period" is the definition of - CORRECT ANSWERS
capacity
"The maximum output capability, allowing for no adjustments for preventative
maintenance or unplanned downtime" is the definition of - CORRECT
ANSWERS theoretical capacity
"The long-term, expected output capability of a resource or system" is the
definition of - CORRECT ANSWERS rated capacity
Most companies measure capacity in terms of - CORRECT ANSWERS
inputs or outputs
Which of the following will move rated capacity closer to theoretical capacity? -
CORRECT ANSWERS a decrease in product complexity
"A capacity strategy in which capacity is added in anticipation of (before)
demand" is the definition of - CORRECT ANSWERS lead strategy
"A capacity strategy in which capacity is added only after demand has
materialized - CORRECT ANSWERS lag strategy
Question content area
Part 1
, One capacity strategy has advantages which include "assures adequate capacity
to meet all demand and preempts competitors" and risks which include "demand
is unpredictable and technology is evolving rapidly."
This capacity strategy is - CORRECT ANSWERS a lead strategy
One capacity strategy has advantages which include "reduced risk of
overbuilding and greater productivity due to higher utilization levels" and risks
which include "reduced availability of products or services during periods of
high demand."
This capacity strategy is - CORRECT ANSWERS a lag strategy.
A company is considering building a hotel in downtown Raleigh. They decide to
build the hotel in anticipation of demand because they want to make sure they
have adequate capacity to meet all demand and would like to preempt the
competition.
This capacity strategy is - CORRECT ANSWERS a lead strategy
"An estimate of the future value of some variable" is the definition of -
CORRECT ANSWERS a forecast
Refrigerant R-12 was to be phased out as manufacturers switched systems to the
environmentally friendly but more expensive GHG. Refrigeration repairmen
consulted their forecasting models and unanimously concluded that they should
stockpile R-12 while it was still affordable.
These forecasting models could be classified as - CORRECT ANSWERS
price forecasts
