Design capacity is ______.
A. the maximum rate of output achieved by an operation, a process, or a manufacturing or service facility that is producing under ideal conditions
B. the capacity that can be achieved given the actual changes in product mix, machines and equipment that require periodic maintenance, scheduling changes, and workers who take time off for lunch, absences, and other needs
C. less than effective capacity
D. dependent on the company’s market share
A. the maximum rate of output achieved by an operation, a process, or a manufacturing or service facility that is producing under ideal conditions
You might also like to view...
Camping Gear Company had 500 units of inventory on hand at the end of the year. These were recorded at a cost of $14 each using the last-in, first-out (LIFO) method. The current replacement cost is $10 per unit. The selling price charged by Camping Gear Company for each finished product is $17. As a result of recording the adjusting entry as per the lower-of-cost-or-market rule, the gross profit will ________.
A) increase by $5,000 B) decrease by $5,000 C) increase by $2,000 D) decrease by $2,000
One valid criticism of the typical marketing mix of product, place, pricing, and promotion is that services are not considered
Indicate whether the statement is true or false
Blake is new to MacroTech, Inc. Which of the following is one of the recommended ways to proactively adapt to his new organization?
A. manage his peers B. negotiate more salary C. be pessimistic D. seek feedback
The management of a steel manufacturing company decides to set up a new plant in a rural area. However, this would create waste management issues for the company. On the other hand, the company would incur higher costs if it sets up the plant in another area. The management thus finds itself in a situation where both the actions will have a negative consequence. This scenario exemplifies a(n) _____.
A. ethical lapse B. ethical dilemma C. strange loop D. false dilemma