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WorksheetsResource Management
Total questions: 12
Worksheet time: 7mins
by the firm
What is buffer stock?
Stock which is sent just in time.
Stock which gets placed onto the shop floor before it expires.
Stock which does not get sold.
Extra stock which is kept incase of demand.
Which of these isn't a method of improving productivity?
employing more staff
providing pay incentives
investing in up-to-date machinery
training staff
One of the benefits of increasing productivity is:
more workers will be employed
total production will increase with the same number of workers
average costs will stay the same
fewer raw materials will be needed to produce the same level of output
Define Capacity Utilisation
Capacity utilisation is the extent to which the maximum capacity for output that is being used
Capacity utilisation is the minimum capacity for the output that is being used
it is when you use something.
None of the above
In high capacity utilisation the ___________ cost are spread.
low
high
fixed
none
What is one Implications of over-utilisation
Impact on brand image
higher fixed costs per unit
Staff may do too much overtime and so have accidents when tired
Business may need to rationalise
is true?
