Effective capacity is the:

A) maximum output of a system in a given period.
B) capacity a firm expects to achieve given the current operating constraints.
C) average output that can be achieved under ideal conditions.
D) minimum usable capacity of a particular facility.
E) sum of all of the organization's inputs.

B

Business

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In a product-oriented layout, what is the process of deciding how to assign tasks to workstations?

A) station balancing B) process balancing C) task allocation D) assembly-line balancing E) work allocation

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Important implications of the efficient market hypothesis include which of the following?

A) Future changes in stock prices should, for all practical purposes, be unpredictable. B) Stock prices will respond to announcements only when the information in these announcements is new. C) Sometimes a stock price declines when good news is announced. D) All of the above. E) Only A and B of the above.

Business