Scheduling Is Rather Straightforward in Product-Focused Facilities Because

question 139

Multiple Choice

Scheduling is rather straightforward in product-focused facilities because

• A) kanban automates the scheduling of the assembly line.
• B) demand is reasonably stable, and capacities, set-up times, and run times are generally known.
• C) assembly line balancing assures the highest possible production efficiency.
• D) finite capacity scheduling has made MRP much more realistic.
• E) equipment utilization is low.

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Definitions:

Short-Run Supply Curve

A graphical representation that shows the quantity of goods a firm is willing and able to produce and sell at different price levels over a short period, not allowing for all factors of production to vary.

MC Curve

The Marginal Cost curve, which shows the increase in total cost that arises from producing one more unit of a good or service.

Short-Run Supply Schedule

A graphical or tabular representation of the quantity of goods a firm is willing and able to supply at different price points, over a short period.

Total Profit

The net amount of money a business retains after subtracting all its expenses, taxes, and costs from its total revenue.