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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
Define demand fluctuation in your own words.
💡 Hint: Think about how demand might change throughout the year.
Question 2
Easy
What is one downside of using overtime production?
💡 Hint: Consider what happens to worker pay.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is a key cost associated with overtime production?
- A. Reduced quality of products
- B. Increased labor costs
- C. Higher material costs
💡 Hint: Think about how salaries change during overtime.
Question 2
True or False: Adjusting workforce size has no costs associated with it.
- True
- False
💡 Hint: Consider the costs related to each workforce adjustment.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Given a demand of 700 carpets in October but a production capacity of only 600, how would you recommend managing this situation? Consider overtime, hiring and firing costs.
💡 Hint: Analyze the costs of both options compared to expected revenues.
Question 2
Create an optimal production plan using linear programming for a year, factoring in seasonal demands varying from 440 to 920 carpets. Include costs for overtime and storage.
💡 Hint: Consider how monthly demand and production capacity will affect your model.
Challenge and get performance evaluation