What Is an Important Difference Between Capacity Planning in Services

question 51

Multiple Choice

What is an important difference between capacity planning in services and capacity planning in manufacturing operations?

• A) Time
• B) Location
• C) Demand volatility
• D) Utilization affects service
• E) All of these choices are correct.

Analyze the characteristics and implications of a natural monopoly.

Explain the impact of technological advancements on production costs.

Determine the marginal and average product of inputs in production.

Calculate and interpret the total, average, and marginal costs in various business conditions.

---

Definitions:

Naturally Occurring

describes events, behaviors, or situations that happen without intentional intervention from researchers or other external factors.

Prematurely

Occurring or done before the usual or proper time, often leading to incomplete development or results.

Abandoned

Left deserted or forsaken, often referring to places, objects, or occasionally relationships.

Additional Services

Extra or supplementary services provided beyond the primary offerings of a business, organization, or professional.