Exam 4: Process Design and Capacity Management

A doctor's office is considering the purchase of a new piece of equipment. The equipment costs $25,000. The procedure performed with the new equipment will be billed to patients at $200. The doctor's office estimates that the cost of materials and training for the new equipment will be approximately $75 per procedure. For which of the demand value below does it make sense for the purchase?

A cell phone repair company is struggling to complete its customer orders on time. This could be attributable to?

Which process type is best suited for a company offering customized products and/or services?

Capacity utilization is defined by which of the following ratios?

In a make-versus-buy analysis, what is the correct equation for X?

A process via which a specialty product is made based upon customer specifications would most likely be a ________ process?

An increased product variety offering is associated with all of the following except?

A process has four stages (A, B, C, and D). The stages have output rates of 5 units/hr, 12 units/hr, 10 units/hr, and 7 units/hr, respectively. Which stage is the process bottleneck?

How have attitudes regarding sustainability changed in recent years? Provide at least one specific example of a firm adopting sustainability initiatives and the results of this adoption.

Which of the follow is the most likely result of a process that limits the output of a system?

A customer walks into a pizza restaurant and orders a pizza to meet her exact requirements. This type of pizza restaurant is operating (at least partially) as a _________ process.

A batch process requires ____________ flexibility versus a job shop.

In a break-even analysis, the new equipment or technology is purchased under which condition (assume D is the expected demand for the product in question)?

Which order of processes is correct for ascending order of product variety?