If a service firm were to attempt level scheduling for aggregate planning, should its level of output be at average demand, peak demand, or minimum demand?
What will be an ideal response?
This is a critical-thinking question for students. The answer depends on the ability of customers to reschedule or reserve service times, and upon the organization's view toward lost sales. Level = average if customers can reserve or reschedule. Level = maximum if the organization wishes to prevent lost sales.
You might also like to view...
Which of the following most accurately describes the position taken by current generally accepted accounting principles?
a. Both pooling of interests and the purchase method are still permitted under certain circumstances. b. The valuation basis to be applied is the acquisition method under which the fair value of consideration transferred includes any contingent consideration, but excludes direct combination costs.. c. The valuation basis to be applied is the cost method under which the valuation basis is the fair value of the assets and liabilities acquired including direct combination costs, but excluding contingent consideration. d. The purchase method requires a business acquisition transaction to be structured to meet twelve very specific criteria required by generally accepted accounting principles.
Spencer is up against a tight deadline. He is stressed because his boss, Aria, just gave him two more tasks associated with a very complex project. He thinks Aria is a little passive-aggressive because she likes to throw red tape his way just to add to his stress. What are he two stressors that Spencer is feeling and how is it going to make him feel regarding motivation and performance?
What will be an ideal response?
The primary purpose of using an appeal process for job evaluation results is to:
A. ensure that different evaluators produce the same results after job evaluation B. set pay level of the employees below that of the competitors C. reduce employee interest in unionization D. reduce employee involvement in the job evaluation process E. provide employees' with the opportunity to request skills re-evaluation
To compute trend percentages the analyst should:
A. Subtract the analysis period number from the base period number. B. Compare amounts across industries using Dun and Bradstreet. C. Compare amounts to a competitor. D. Subtract the base period amount from the analysis period amount, divide the result by the analysis period amount, then multiply that amount by 100. E. Select a base period, divide analysis period amount by the base period amount and multiply that amount by 100.