Ppc Importance

Satisfactory Essays
|Chapter | |
|7 | |
| | |
| |Constraint Management |

TRUE/FALSE

1. Capacity is the maximum rate of output of a process. Answer: True Reference: Introduction

Difficulty: Easy

Keywords: capacity, maximum, output

2. Capacity can be expressed by output or input measures. Answer: True Reference: The Theory of Constraints Difficulty: Moderate Keywords: capacity, input, output

3. Input measures of capacity are inherently more accurate than output measures of capacity. Answer: False Reference: The Theory of Constraints Difficulty: Moderate Keywords: input, output, measure, capacity

4. Utilization is the degree to which equipment, space, or labor is currently being used. Answer: True Reference: The Theory of Constraints Difficulty: Easy Keywords: utilization, degree, used

5. Operating processes close to their capacity can result in low customer satisfaction and even losing money despite high sales levels. Answer: True Reference: The Theory of Constraints Difficulty: Moderate Keywords: capacity, satisfaction

6. A bottleneck is an operation that has the lowest effective capacity of any operation in the process. Answer: True Reference: Introduction Difficulty: Moderate Keywords: bottleneck, effective, capacity

7. The Theory of Constraints method is also referred to as the drum-beater-rope method. Answer:

You May Also Find These Documents Helpful

  • Good Essays

    Ppc Essay

    • 666 Words
    • 3 Pages

    The Production Possibility Curve (PPC) shows the boundaries between attainable and unattainable levels of production for two products; in this case televisions and cars. The level of production is primarily determined by the four Factors of Production (FOPs), namely, labour, capital, land and enterprise. Opportunity Cost is the cost of economic activities that are measured by the terms of its best alternative product that is foregone as a result of producing a certain good. When the best alternative…

    • 666 Words
    • 3 Pages
    Good Essays
  • Good Essays

    ppc graph

    • 525 Words
    • 3 Pages

    what they look like on the PPC (production opportunity curve). The concepts this paper would explain are: Scarcity, Choice, Opportunity Cost, Unemployment and Economic Growth. The paper would also be categorized in that order. I will state the full meaning and understanding of each concept then will show where it stands on the graph. Scarcity cost, Choice and Opportunity Cost are all closely related and you will find out how in this paper. This paper understands the PPC and how Scarcity, Choice, Opportunity…

    • 525 Words
    • 3 Pages
    Good Essays
  • Good Essays

    PPC Notes

    • 6943 Words
    • 52 Pages

    the PRODUCTION SYSTEM PRODUCTION CONTROL is to ensure that whatever is planned and Scheduled is actually implemented and achieved. PLANNING IS ‘PLANNING THE WORK’ & CONTROL IS ‘WORKING THE PLAN’. Objectives of PPC: To Plan systematically Production related Activities to meet Targets of Production with the available resources of the firm. To Provide optimum manufacturing resources i.e. Men, Machine and Material of right quality, in right quantity, at the right…

    • 6943 Words
    • 52 Pages
    Good Essays
  • Powerful Essays

    Factors That Shift the Ppc

    • 1267 Words
    • 6 Pages

    Curve (PPC) is based under the field of macroeconomics. The production possibility curve (PPC) is also termed as the production possibility frontier (PPF), a production possibility boundary or sometimes called product transformation curve. It is defined as a curve that illustrates the possibility of producing two goods or services within a specified time with all the resources given such as (labour, land, capital and the technical knowledge). As we can see, here is an example of how the (PPC) looks…

    • 1267 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Plot the Ppc of a Nation

    • 875 Words
    • 4 Pages

    7. Plot the PPC of a nation given by the following data. Combination Health Care All Other Goods A 0 100 B 25 90 C 50 70 D 75 40 E 100 0 a. Calculate the marginal opportunity cost of each combination. When going from A to B the opportunity cost of each unit of Healthcare is 10/25. When going from B to C it is 20/25, from C to D it is 30/25, and from D to E it is 40/25. You can find this for…

    • 875 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Ppc Chapter 3

    • 602 Words
    • 3 Pages

    PERENCANAAN & PENGENDALIAN PRODUKSI TIN 4113 Pertemuan 2 • Outline: – – – – – Karakteristik Peramalan Cakupan Peramalan Klasifikasi Peramalan Metode Forecast: Time Series Simple Time Series Models: • Moving Average (Simple & Weighted) • Referensi: – Smith, Spencer B., Computer Based Production and Inventory Control, Prentice-Hall, 1989. – Tersine, Richard J., Principles of Inventory and Materials Management, Prentice-Hall, 1994. – Pujawan, Demand Forecasting Lecture Note, IE-ITS, 2011…

    • 602 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Learning Outcomes | Tasks/Means | Criteria & Allocated Marks | AssessedMarks | Successful students are able to: Q1) Explain on PPC with a graph and relevant numerical example. Relate the microeconomics terms in your explanationQ2) Explain on the statement given. * Explain on Four disadvantages of * free market. * Your explanation need to elaborate with real life example for each. * Choose at least TWO countries that practicing free market. Others * Use appropriate economic…

    • 6941 Words
    • 28 Pages
    Powerful Essays
  • Good Essays

    Should You Fire Your PPC Agency? A Webinar by Rob Sieracki and Perry Marshall PPC (Pay-Per-Click) Advertising is one of the different verticals of internet marketing in which businesses and companies get maximum returns for their investment. In this webinar, companies that seek for adequate knowledge would be able to choose and hire the right PPC agency that could help them in running online marketing campaigns or find out if their PPC agency knows what they’re doing; if not, should they fire…

    • 883 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The Importance

    • 344 Words
    • 2 Pages

    The Importance Paulo Coelho explained, “Why is patience so important?" "Because it makes us pay attention.” Being patient and attention to detail are few of many characteristics that are essential to being a proficient healthcare provider. Healthcare providers have a very important job and these characteristics correspond to one another in everyday actions. I always thought of myself as a very patient person and while working at a daycare realized that along with patience came the importance of…

    • 344 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Importance

    • 634 Words
    • 3 Pages

    Yusuf Egal Mrs. Park English IV-4th Period 10 September 2012 Name and Identity The importance of name and identity in this novel is far more drastic than a reader could understand. A name has so much meaning that many people are not able to fathom it. A simple name change does not alter the fabric of a person. The changing of a name symbolizes the double identity of Gogol. In Lahiri’s novel, the main character fights an identity crisis because of his highly unusual name. Gogol struggles between…

    • 634 Words
    • 3 Pages
    Satisfactory Essays