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Chapter S7 Homework/Quiz
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Multiple Choice Questions
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Efficiency is given by
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actual output / effective capactiy
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leading demand with one-step expansion
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leading demand with a one-step expansion
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expected monetary value
What does EMV stand for?
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schedule long lead times
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actual output / effective capactiy
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break-even analysis
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expected monetary value
An investment that generates a series of uniform and equal cash amounts is referred as
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an annuity
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net present value
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contribution
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break-even analysis
In manugacturing, excess capacity can be used to
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net present value
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contribution
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do more setupsm shorten production runs, and drive down inventory costs
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leading demand with one-step expansion
What is a means of determining the discounted value of a series of future cash receipts?
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an annuity
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net present value
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break-even analysis
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schedule long lead times
Which of the following is a requirement to be able to compute expected monetary value?
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leading demand with a one-step expansion
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net present value
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schedule long lead times
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the probability of each state of nature is known
The most aggressive and risky approach to capactity planning is
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leading demand with a one-step expansion
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leading demand with one-step expansion
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break-even analysis
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schedule long lead times
The difference between selling price and variable cost is called
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an annuity
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net present value
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leading demand with one-step expansion
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contribution
Which of the following is a possible option to employ when demand exceeds capacity?
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break-even analysis
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schedule long lead times
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net present value
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leading demand with a one-step expansion
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Multiple Choice Questions
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