Comparing Known and Expected Capacity Requirements with Projected Capacity Availability

question 61

Multiple Choice

Comparing known and expected capacity requirements with projected capacity availability is the job of

• A)planned releases.
• B)load reports.
• C)lot sizing.
• D)work loading.
• E)time fencing.

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Definitions:

Price Elasticity of Demand

An indicator of the sensitivity of the demand for an item to adjustments in its pricing.

Perfectly Inelastic Demand

Product or resource demand in which price can be of any amount at a particular quantity of the product or resource that is demanded; when the quantity demanded does not respond to a change in price; graphs as a vertical demand curve.

Perfectly Elastic Demand

Product or resource demand in which quantity demanded can be of any amount at a particular product or resource price; graphs as a horizontal demand curve.

Graphed

A method of representing data visually using charts or plots to illustrate relationships between different variables.