Exam 4: Capacity and Scheduling

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What type of restrictions can limit capacity ?

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Capacity can be limited by the number of people working,machines and the amount of products in stock .In addition,natural loses can also limit capacity ,such as,waste ,defects and errors.

Yield or revenue management would not be so appropriate if which of the following circumstances is present?

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C

Utilization can be defined as:

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C

How does scheduling services differ from other business's scheduling methods?

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Do you think that formal higher education has an impact on the learning curve for businesses? Why or why not?

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Efficiency is defined as input divided by output.

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Bottlenecks are places in the production process where production slows down because of a slow or insufficient number of resources.

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In the allocation of capacity,overbooking is an attempt to reduce costs through better schedule management.

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Describe how adding capacity before and after demand can make a difference in production.

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The time a customer is willing to wait is often dictated by the service provided.What is an example of an industry that realizes this and what measures have been taken to decrease wait time? Defend your answer.

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The __________ plan is a preliminary,approximate schedule of an organization's overall operations that will satisfy the demand forecast at minimum cost.

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The physical release of a work order from the production planning and control department to operations is called ___________.

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Learning curve effect is

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The cycle time of the process is the reciprocal of the output rate.

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Why is capacity planning important to a firm and its customers?

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Revenue or yield management may also be thought of as:

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The learning curve is the ability programmed in robots to increase their productive capacity through learning.

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The most important factor(s)effecting the learning curve rate include(s):

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It is not unusual for fire departments to use "slack months" for building inspections,conducting prevention programs and giving talks as a way to have anticyclic outputs.

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What is one way that a company could change the customers' perceptions of the wait time rather than actually shortening the weight time?

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