Answer the following statements true (T) or false (F)
1. Decorating the facilities is an example of strategic capacity planning.
2. One of the steps in the capacity planning process is to evaluate alternatives and select and implement the best short-term alternative.
3. A step in the capacity planning process is identifying new markets.
4. An option for a company that has excess capacity is to expand its facilities.
1. False
2. False
3. False
4. False
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Two concurrent activities in a project can be represented in an AOA network by starting and ending on the same node
Indicate whether this statement is true or false.
In the Sweet Action! supply chain, the flowers produce the nectar which is collected by the bees. The busy bees take this nectar and produce honey, which is collected by the beekeeper, who puts it in quart jars and supplies it to the baker
The baker produces a lovely array of confections, which are purchased by the local restaurant. The restaurant sells these confections to their loyal diners, who gleefully consume them and nag the chef for his recipe. Which of these statements about this supply chain is best? A) The busy bees are within the span of the SCOR model of the local restaurant. B) The beekeeper is within the span of the SCOR model of the local restaurant. C) The loyal patrons are within the span of the SCOR model of the beekeeper. D) The loyal patrons are within the span of the SCOR model of the busy bees.
Weissman Corporation manufactures two products: Product E16S and Product P17K. The company is considering implementing an activity-based costing (ABC) system that allocates its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products E16S and P17K.Activity Cost PoolActivity MeasureTotal CostTotal ActivityMachiningMachine-hours$220,00011,000MHsMachine setupsNumber of setups$240,000400setupsProduct designNumber of products$74,0002products??Order sizeDirect labor-hours$270,00010,000DLHsActivity MeasureProduct E16SProduct P17KMachine-hours7,0004,000Number of setups270130Number of products11Direct labor-hours3,0007,000Using the ABC system, the percentage of the total overhead cost that is assigned to Product
E16S is closest to: A. 10.07% B. 50.00% C. 52.24% D. 42.16%
In a net change MRP system, requirements and schedules are considered rigid and never updated.
Answer the following statement true (T) or false (F)