-Using Figure 7

question 37

Multiple Choice

-Using Figure 7.1,which depicts the U.S.unemployment rate,which of the following year(s) are the trough of a recession?

• A)2001
• B)1983
• C)1979
• D)all of the above
• E)none of the above

Grasp the strategies for increasing capacity and managing bottlenecks.

Distinguish between different types of capacities such as design, effective, and expected output.

Recognize the importance of the theory of constraints in operational effectiveness.

Interpret the relationship between capacity utilization and process efficiency.

---

Definitions:

Downstream Costs

Expenses incurred later in the production process or in relation to post-production activities.

Uncontrollable Cost

Expenses that cannot be managed or influenced by actions of a company's management, often fixed costs.

Bottling Wine

The process of filling bottles with wine after fermentation, involving stages like clarification, stabilization, and sometimes aging before it is sealed.

Manufacturing Costs

The total expenses involved in the process of producing goods, including labor, materials, and overhead costs.