If a Load Report (Resource Requirements Profile) Shows a Work

question 122

Multiple Choice

If a load report (resource requirements profile) shows a work center scheduled beyond capacity:

• A) the company must add capacity by enlarging the facility.
• B) the company must add capacity by such tactics as overtime and subcontracting.
• C) the work center's load may be smoothed by such tactics as operations splitting or lot splitting.
• D) the aggregate plan must be revised.
• E) the Wagner-Whitin algorithm should be used to rebalance the load.

Understand how production and transportation costs influence location decisions.

Appreciate the significance of parking and access for service locations over manufacturing.

Comprehend the utilization of traffic counts and demographic analysis in service location decisions.

Differentiate between the location analysis techniques employed by service and manufacturing organizations.

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Definitions:

Profit and Loss

A financial statement that summarizes revenues, costs, and expenses incurred during a specific period, usually a fiscal quarter or year.

New Partnership

A business arrangement where two or more individuals or entities agree to share the profits and losses of a newly formed business venture.

Contribution

In financial contexts, it refers to the amount an individual or entity contributes towards savings, investments, or the capital of a company.