Föreläsningar del 6 Flashcards

1
Q

Flashcard 17: Q: What is the role of capacity expansion options in capacity planning?

A

A: Capacity expansion options include increasing capacity all at once, small capacity increases that match, level, or lag demand.

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2
Q

Flashcard 18: Q: What are the two main strategies for short-term capacity management?

A

A: The two main strategies are adjusting short-term capacity levels and shifting or stimulating demand.

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3
Q

Flashcard 19: Q: How does the learning curve affect labor unit costs?

A

A: The learning curve suggests that direct labor unit costs decrease as experience in producing units increases.

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4
Q

Flashcard 20: Q: What is demand management in the context of capacity planning?

A

A: Demand management is the practice of steering demand to level out variations in required capacity, which can involve adjusting prices, providing information, or offering promotions.

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5
Q

Flashcard 21: Q: What is the purpose of overbooking in capacity planning?

A

A: Overbooking is used to compensate for customers who don’t show up, ensuring that capacity is fully utilized.

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6
Q

Flashcard 22: Q: What is peak-load pricing?

A

A: Peak-load pricing involves pricing goods or services differently during periods of high demand to mitigate the costs associated with peak-load problems.

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7
Q

Flashcard 23: Q: What is the peak-load problem?

A

A: The peak-load problem arises when demand varies periodically for non-storable commodities, leading to underutilized capacity during off-peak periods and over-utilization during peak periods.

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8
Q

Flashcard 24: Q: How can pricing help mitigate the peak-load problem?

A

A: Pricing can help by making demand more predictable and shifting demand from peak to off-peak times, reducing the need for costly idle capacity.

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9
Q

Flashcard 25: Q: What does variable demand mean in terms of capacity planning?

A

A: Variable demand means that the demand function changes over time, and capacity planning must adjust to meet different demand patterns in each period

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10
Q

Q: What happens when demand shifts in relation to capacity?

A

A: Sometimes there will be more capacity than demand, and sometimes there will be more demand than capacity.

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11
Q

Q: What is the formula for safety capacity (planned loss)?

A

A: Safety capacity = Theoretical capacity - Effective capacity.

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12
Q

Q: What is the definition of total productivity?

A

A: Total productivity is the ratio of production to the total quantity of input.

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13
Q

Q: What is the importance of effective capacity in satisfying demand?

A

A: To satisfy customers in the long run, effective capacity must be at least as large as the average demand.

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14
Q

Flashcard 1: Q: What is the definition of production in capacity measurement?

A

A: Production is the real output during a time period.

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15
Q

Flashcard 2: Q: What is partial productivity in capacity measurement?

A

A: Partial productivity is the production in relation to the quantity of a particular input.

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16
Q

Flashcard 3: Q: How is efficiency calculated in capacity measurement?

A

A: Efficiency is calculated as Actual output / Effective capacity.

17
Q

Flashcard 4: Q: What are complementary goods and services in capacity planning?

A

A: Complementary goods and services are produced or delivered using the same resources, with seasonal demand patterns that are out of phase, allowing excess capacity to balance seasonal cycles.

18
Q

Flashcard 5: Q: What are the two primary strategies for production in capacity planning?

A

A: Level production (doing the same at all times) and chase demand (following demand). Mixed strategies can also be adopted.

19
Q

Flashcard 6: Q: What are some methods for adjusting short-term capacity levels?

A

A: Methods include adding or sharing equipment, selling unused capacity, changing labor capacity and schedules, changing labor skill mix, and shifting work to slack periods.

20
Q

Flashcard 7: Q: What is a learning rate in the context of the learning curve?

A

A: A learning rate refers to the percentage decrease in time required to produce the 2xth unit, compared to the time for the xth unit.

21
Q

Flashcard 8: Q: How do learning curves impact capacity planning?

A

A: Learning curves help estimate labor-hours for repetitive work and are useful for planning staffing levels, pricing products, estimating costs, establishing budgets, negotiating with suppliers, and setting production targets.