Exam 9: Balancing Demand and Productive Capacity

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Discuss why a subway car has elastic capacity.

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Which of the following is NOT a way of understanding the nature of demand curves?

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Which of the following is NOT one of the productive capacity forms in a service context?

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Theme parks cleverly design their waiting areas to do which of the following?

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Describe what the term "yield" means in the context of a reservation strategy.

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The demand for a city bus is most likely to vary by all EXCEPT which of the following?

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Which of the following is NOT one of the five basic approaches to managing demand?

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Describe how ski resorts manage traditionally seasonal supply and demand fluctuations.

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For the monetary price of a service to be effective as a demand management tool, managers must have some sense of the shape and slope of a product's demand curve.

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Queues represent a symptom of unresolved capacity management problems.

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List the seven actions managers can take to adjust capacity as needed.

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Processing times for people are typically less variable than objects or things.

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Describe four of the ten propositions on the psychology of waiting lines.

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When a firm wants to inventory demand via a reservation system and has insufficient capacity it should lower prices selectively.

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Describe how Disney decided to deal with long lines.

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Measures of capacity utilization include: the number of hours that facilities, labor and equipment are productively employed in revenue operations and the size of the physical facility.

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The problem of capacity constrained organizations that cannot stockpile services is most commonly found among services that process ____________ and ____________.

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A service organization's capacity to satisfy demand is constrained by all of the following EXCEPT ____________.

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According to a national survey of 1000 adults in the United States, which of the following is the most dreaded waiting queue?

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The goal of a restaurant in varying its service level and menus is only to appeal to different needs within the same group of customers.

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