In Conducting Aggregate Operations Planning There Are a Number of Required

question 43

Multiple Choice

In conducting aggregate operations planning there are a number of required inputs.Which of the following are considered inputs internal to the firm?

• A)Inventory Levels and economic conditions
• B)Market demand and subcontractor capacity
• C)Current physical capacity and current workforce
• D)Competitor behavior and current workforce
• E)Current physical capacity and raw material availability

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Definitions:

Output

In economic terms, this signifies total products or services that have been manufactured or provided by a company in a particular period, acting as a measure of productivity.

Entrepreneurial Talent

The unique set of skills, intuition, and insights that an entrepreneur possesses, which contributes to the successful creation and growth of businesses.

Accounting Profit

The profit a company has after deducting all its costs from its total revenues, according to standard accounting practices.

Production Costs

The total expense of manufacturing or producing goods, including materials, labor, and overhead expenses.