Explain and discuss business examples of overcapacity and under capacity
Q: Identify some of the important short term and long term considerations in forecasting capacity…
A: As a matter of fact, we can say that where capacity refers to a system’s potential for producing…
Q: In December, RMO Manufacturing had Actual Output of 100 units. Its Effective Capacity dropped to 120…
A: Given Data: Actual Output=100units Effective Capacity= 120units Design capacity = 200 units
Q: Distinguish between design capacity and effective capacity.
A: Design Capacity Effective Capacity 1. Design capacity is theoretical output system. 1. Effective…
Q: State and describe how does uncertainty affects the capacity decisions of the organisation
A: To be determined: How does uncertainty affect the capacity decisions of the organization. Capacity…
Q: A seed company has a design capacity of 80 metric tonnes per day. It's effective capacity, However,…
A: Design capacity is 80 metric tonnes per day, effective capacity is 64 metric tonnes per day, and…
Q: Contrast design capacity and effective capacity.
A: Design Capacity and Effective capacity
Q: Note- need correct option without explanation as fast as possible!! Which of the following is the…
A: Option (E) is correct
Q: How you see the the company's excess capacity and how to utilize it throughout the year
A: Excess capacity is a state that occurs when the claim for the manufactured goods is reduced compared…
Q: Explain how efficiency and price or rate variances for direct labor can be closely related. How…
A: Unfavourable variance: It means the expense of the business exceeds the drawn budget.
Q: Your hospital has built a new freestanding facility that includes a 36-bed medical telemetry care…
A: A Small Introduction about Productivity Productivity is the proportion between the result of…
Q: Under each of the 4V s of operational management, explain how the concept can be applied to the…
A: The main characteristics of the operations process are the transformation of resources (inputs) into…
Q: Which of the following is a long-term capacity expansion option: Select one: a. Rental or lease of…
A: The long-term capacity expansion involves growing an existing business in terms of capacity, that…
Q: Mark Tuan, the Production Manager at MT Mills, can currently expect his operation to produce 1000…
A: Find the given details below: Given Details: Current Production Output 1000 Square yards/ ton…
Q: A computer repair service has a design capacity of 80 repairs per day. Its effective capacity,…
A: Design capacity (DC) = 80 repairs per day Effective capacity (EC) = 64 repairs per day Output per…
Q: Determine the utilization and the efficiency for each of these situations: a. A loan processing…
A: Hence, the efficiency is 87.50% and the utilization is 70%.
Q: A company manufactures a product using two machine cells. Each cell has a design capacity of 250…
A:
Q: What are the benefits of automation and how will the communication signalling technology increase…
A: An operation manager is an individual who is responsible for managing an organization's operations.…
Q: Determine the utilization and the efficiency for each of these situations:a. A loan processing…
A: Calculations: Formula:
Q: Explain the importance of capacity management.
A: Concept Introduction : Capacity Management refers to the process of determining the company's…
Q: Healthy Hots, a fast-food restaurant that offers heart-healthy food, is experiencing several…
A: Conveying an extraordinary client experience is massively significant for any business. The better…
Q: Healthy Hots, a fast-food restaurant that offers heart-healthy food, is experiencing several…
A: Unethical behaviour in business alludes to activities that neglect to ascend to satisfactory…
Q: Explain and describeHow can a systems-based approach to capacity planning help in operations…
A: A systems-based approach to crisis reaction implies that the divergent components that are needed to…
Q: A chair manufacturer who produces three different models ( A,B and C) has developed a master…
A: Given information Week No 1 2 3 4 5 A 200 0 200 0 100 B 0 0 0 200 100 C 100 300 100…
Q: Which is a means for influencing supply in the realm of Capacity Planning? (select one)
A: Capacity planning is the method of deciding the most limit of production supported on the market…
Q: ABC Insurance Ltd. wants to evaluate its labor and multifactor productivity with a new computerized…
A: Note: - Since we can answer only up to 3 subparts, we will answer the first three subparts(a, b, and…
Q: A firm’s operational ability (capacity) is very important. Therefore, capacity has been defined…
A: The following are the four reasons to determine the importance of the capacity decision for an…
Q: Describe three factors that inhibits capacity utilisation
A: Capacity Utilization Every organization either employs manpower or some machines for the production…
Q: In detail, Differentiate between design capacity, effective capacity and actual capacity
A: This question is related to the topic -production management and this topic fall under the…
Q: Explain design capacity and effective capacity
A: Introduction: The term Business refers to an exchange of goods and services between the buyer and…
Q: Disti nguish between design capacity and effective capacity.
A: Introduction: Effective capacity can be defined as the maximum amount of work that can be done by an…
Q: Distinguish between effective capacity and actual output
A: Effective capacity is the measure of power that is allotted to applications. Utilizing slim…
Q: FERMONT CORPORATION MARKETING DEPARTMENT University of Otago Fremont Corporation Marketing…
A: Motivation Motivation is the process that guides or drives a feeling of initiation in an individual…
Q: Discuss the importance of capacity planning in deciding on the number of police officers or…
A: Capacity planning in simpler words can be defined as workload management. It gives the information…
Q: Explain the differences between design capacity and effective capacity
A: Capacity planning is the mechanism by which a company decides the production capacity required to…
Q: Determinants of effective capacity
A: Effective capacity It refers to the maximum amount of work that an organization is capable of…
Q: A manufacturing shop is designed to operate most efficiently at an output of 550 units per day. In…
A: Capacity utilization rate is nothing but the process of calculating the percentage of the potential…
Q: Explain capacity planning and it's analysis how it recats with parrallel processes
A: The capacity analysis involves the study of simulating an infrastructure's, facility's, process',…
Q: Describe the factors influencing effective capacity.
A: Facilities, product and service, process, people, policy, operational, supply chain, and external…
Q: Explain the importance of capacity planning
A: Capacity planning is described as the process through teams or organizations can plan and match the…
Q: The integral objective of capacity planning is to achieve a match between the long-term supply…
A: Capacity planning is defined as the process of matching an organization's capabilities to the…
Q: Why capacity planning place an important role in companies growth
A: Operations management is an area of management dealing with production, storage and delivery of…
Q: Define the term responsiveness in operations?
A: Responsiveness: The capacity of the supply chain to respond purposefully and within a reasonable…
Q: A manager faces peak (weekly) demand for one of her operations, but is not sure how long the peak…
A:
Q: Explain step by step Diffrences between design capicty and effective capacity
A: In operations management, capacity planning plays an important part in the effective and smooth…
Q: How should the resources be used to satisfy the demands of the customer in order to meet those…
A: A resource is any material that is available to us in our surroundings that is economically viable,…
Explain and discuss business examples of overcapacity and under capacity ?
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- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?Explain the importance of capacity planning
- Explain the differences between design capacity and effective capacityHow can we identify a decision problem in Operations management ?Determine the utilization and the efficiency for each of these situations:a. A loan processing operation that processes an average of 7 loans per day. The operation has a design capacity of 10 loans per day and an effective capacity of 8 loans per day.b. A furnace repair team that services an average of four furnaces a day if the design capacity is six furnaces a day and the effective capacity is five furnaces a day.c. Would you say that systems that have higher efficiency ratios than other systems will always have higher utilization ratios than those other systems? Explain.