Which Approach to Capacity Management Would Use a Part-Time Workforce

question 40

Multiple Choice

Which approach to capacity management would use a part-time workforce to increase capacity flexibility by enabling the firm to have more people at work during peak periods?

• A) Time flexibility from workforce
• B) Use of seasonal workforce
• C) Use of subcontracting
• D) Use of dual facilities-dedicated and flexible
• E) Designing product flexibility into the production processes

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Definitions:

Maturity Bond

A bond's maturity is the specific future date when the principal amount of the bond is to be paid back to the bondholder, along with any final interest payments.

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuer.

Annual Coupon Bond

A bond that pays interest to the holder on an annual basis, typically as a fixed percentage of its face value.

Face Value

The original cost of a financial instrument as stated on the certificate or document, not influenced by the market price.