MGT613
- -------------------- is the maximum output rate or service capacity an operation, process or facility.
- Efficiency
- Effective Capacity
- Design Capacity
- -------------- is the rate of output actually achieved.
- Actual Output
- Design Capacity
- Utilization
- A knowledge of economies and diseconomies of scale is -----------
- Important for operations manager
- Not Important for operations manager
- It makes no difference
- If the output rate is less than the optimal level, increasing output rate results in -------------------- average unit cost
- Increasing
- Decreasing
- Stabilizing
- As the output is increased, the unit cost is decreased because
- Of external factors
- Because there are more units to absorb the fixed costs
- None of the above
- as the general capacity of the plant increased, the optimal output rate increases and the minimal cost for the optimal rate
- Decreases
- Increases
- It has no effect with the output rate
- The primary purpose of cost- volume analysis is
- To estimate the income of an organization
- To analyze initial costs incurred under different operating conditions
- Both A and B
- variable costs vary ---------------- with volume of output
- Inversely
- Directly
- -------------- refers to the way, an organization chooses to produce its goods or services
- Process selection
- Capacity planning
- Cost volume analysis
- Ice cream is an example of
- Batch processing
- Job shop
- Repetitive processing