_____ Use Complex Mathematical Software to Profitably Fill Unused Capacity

question 152

Multiple Choice

_____ use complex mathematical software to profitably fill unused capacity.

• A) Yield management systems
• B) Capacity correlation systems
• C) Service forecasting tools
• D) Service management systems
• E) Capacity management software

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Definitions:

Fabrication Department

A division within a manufacturing company where raw materials are assembled or processed to create finished goods.

Procurement Activity

The process undertaken by businesses to acquire goods or services, including planning, selection, and purchasing, to meet its requirements.

Activity Rate

A measure used in cost accounting to assign overhead costs to products or services, based on the amount of activity (such as machine hours or labor hours) consumed.

Activity Cost Pool

A categorization in cost accounting that aggregates costs incurred for a specific activity, aiding in more accurate product or service costing.