Exam 9: Balancing Demand and Productive Capacity

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

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Which of the following may result in allocation to separate queuing areas?

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

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

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Queues represent a symptom of unresolved capacity management problems.

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

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Yield analysis forces managers to recognize the opportunity cost of selling capacity for a given date to a customer from one market segment when another might subsequently yield a higher rate.

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One way to stretch capacity is to utilize the facility for longer periods.

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A cleaning and repair firm that wants to generate business during low demand periods would do best to offer which of the following?

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What are the two basic approaches to fluctuating demand?

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Possible strategic applications of excess capacity include all of the following EXCEPT ____________.

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Parallel lines to multiple servers is commonly known as a "Snake"

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List the four key marketing strategies that can be employed to reshape demand.

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Which of the following hotel customers has the most inelastic demand slope?

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Random fluctuations in business are usually caused by factors well within management's control.

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

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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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Describe how Disney decided to deal with long lines.

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

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A good example of inventorying demand is a haircut that can be set up and prepared for one day and executed the next.

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