In capacity requirements planning, we project or estimate ______.
a. the level of demand for each product that we are planning to produce
b. resource requirements for labor, equipment, and other production needs
c. the quantity of finished product to be stored in different distribution centers
d. the activities at each workstation to balance workload
b. resource requirements for labor, equipment, and other production needs
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Describe two of the measures used to measure the effectiveness of recruiting.
What will be an ideal response?
The fill rate measures the percentage of the total number of items on the order that the firm shipped on time.
Answer the following statement true (T) or false (F)
The upper and lower control limits for a component are 0.150 cm. and 0.120 cm., with a process target of .135 cm. The process standard deviation is 0.004 cm. and the process average is 0.138 cm. What is the process capability index?
A) 1.00 B) 1.25 C) 1.50 D) 1.75
The informational advantage that agents possess over principals is often based on the fact that
A. public stock companies are characterized by information symmetry. B. insiders are the first to learn about important developments before the information is released to the public. C. the information is extremely secure and protected from exposure to anyone outside the company. D. agents are legally permitted to freely trade the information in exchange for benefits, unlike principals.