Examlex
All of the following statements is true EXCEPT:
Capacity Decision
Choices made by a company regarding the amount of resources it will commit to meet demand for its products or services.
Organization's Strategy
The comprehensive plan created by a business or organization to achieve its long-term goals and successfully operate in the competitive environment.
Effective Capacity
The maximum output level a facility can reasonably sustain under normal operating conditions.
Actual Output
The real quantity of goods or services produced by a company or a production process, as opposed to planned or theoretical output.
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