Identify the six tactics for matching capacity to demand

What will be an ideal response?

1. Making staffing changes (increasing or decreasing the number of employees or shifts),
2. Adjusting equipment (purchasing additional machinery or selling or leasing out existing equipment),
3. Improving processes to increase throughput,
4. Redesigning products to facilitate more throughput,
5. Adding process flexibility to better meet changing product preferences, and
6. Closing facilities.

Business

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Which of the following describes a schedule overrun?

A. Needing more materials than planned B. Using more resources than projected C. Hiring more people than expected D. Taking more time than estimated

Business

A minimization model of a linear program contains only surplus variables

Indicate whether this statement is true or false.

Business