In Service Organizations, Capacity Is More Often Viewed as ____

question 14

Multiple Choice

In service organizations, capacity is more often viewed as ____

• A)The maximum rate of output per unit time
• B)Units of resource availability
• C)The ability to meet any customer demand
• D)The amount of overtime scheduled

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Definitions:

Selling Inventory

Selling inventory consists of the process in which businesses sell their stocked goods or merchandise to customers.

Asset Turnover Ratio

A financial metric that measures the efficiency of a company's use of its assets to generate sales revenue.

Net Sales

Net Sales is the amount of sales generated by a company after deducting returns, allowances for damaged or missing goods, and discounts.

Accounts Receivables

Represents money owed to a company by its customers for goods or services delivered but not yet paid for.