Kennywood Inc., a manufacturing firm, is able to produce 1,400 pairs of pants per hour, at
maximum efficiency. There are three
eighthour
shifts each day. Due to unavoidable operating interruptions, production averages 900 units per
hour. The plant actually operates only 27 days per month. Based on the current budget,
Kennywood estimates that it will be able to sell only 502,000 units due to the entry of a competitor
with aggressive marketing capabilities. But the demand is unlikely to be affected in future and will
be around 520,000. Assume the month has 30 days. What is the practical capacity for the month?
Question content area bottom
Part 1
A.
907,200 units
B.
243,000 units
C.
583,200 units
D.
1,008,000 units.
On National Teacher Day, meet the 2024-25 Kenan Fellows
Knowing the term and their definitions are important Column.pdf
1. Knowing the term and their definitions are important. Column A has terms covered in Chapters 4,5
and 5S. Match the terms in column A with the definition in column B. There is only one match, and
the definitions are only used once.
Completing this exercise counts as a participation posting and does not require citing or
references.
Column A
1. Economies of Scale
2. Earned Value Management (EVM)
3. Critical Path
4. Expected Value
5. Time-Cost Model
6. Strategic Capacity Planning
7. Capacity Utilization Rate
8. Gantt Chart
9. Net Present Value
10. Payback Period
11. Internal Rate of Return
12. Opportunity Cost
13. Focused Factory
14. Slack Time
15. Economics of Scope
Column B
A. The value of a projected income stream exceeds the cost of an investment.
B. Referred to as crashing a project.
C. Combines Scope, schedule, and cost to evaluate projects.
D. The rate equates the present value of an income with the cost of an investment.
E. The capacity level of capital-intensive resources to support a long-term strategy.
F. Designed for a limited set of production objectives.
G. The sequence of activities forms the longest chain regarding their time to complete.
H. Multiple products are produced at a lower cost in combination than they can be separated.
I. Shows the time and sequence of activities.
J. The expected outcome is multiplied by the probability of its occurrence.
K. The time for an investment to return earnings equals the cost of the investment.
L. The benefit is lost because of choosing one action over an alternative course of action.
M. The time that an activity can be delayed without delaying the entire project.
N. As volume grows, the unit cost drops, but at some point, the plant is too big, and costs go up.
O. A Measure of how close the current output rate is to the best operating level.
Answer with the Number in Column A and the letter in Column B. For example, 1-F or 2-C or 6-H
and so on.
