Explain any two process technologies for materials. b. Discuss any three factors that will help to determine the type of production process used. c. Distinguish between design capacity and effective capacity. Provide a brief example. d. Why is the capacity decision important?
Breakeven Analysis
Break Even Analysis is a term used in business, cost accounting and economics. It refers to a point where the total cost incurred becomes equal to the total revenue earned. Break Even Analysis determines the number of units to be sold to earn the revenue required to cover the total costs. Total cost is a sum total of fixed and variable costs.
Process analysis
The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.
QUESTION 4
a. Explain any two process technologies for materials.
b. Discuss any three factors that will help to determine the type of production process
used.
c. Distinguish between design capacity and effective capacity. Provide a brief
example.
d. Why is the capacity decision important?
e. A regional bank training center has the physical ability to handle 1,300 participants.
However, management personnel believe that only 1,100 participants can be handled
effectively for most training sessions. The last training session, although
have 1,000 participants, resulted in the attendance of only 990 participants. Calculate
the utilization and efficiency of the training facility.
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