Utilization is calculated as A) Actual running time divided by time available B)
ID: 453839 • Letter: U
Question
Utilization is calculated as
A) Actual running time divided by time available
B) Time available divided by actual running time
C) Actual output divided by standard output
D) Standard output divided by actual output
Lean systems refers to
A) Systems with very little waste and low inventory
B) Systems that add very little value
C) Systems that outsource all processing steps
D) Systems that depend on external suppliers for capacity
E) None of the above
Efficiency is calculated as
A) Actual running time divided by time available
B) Time available divided by actual running time
C) Actual output divided by standard output
D) Standard output divided by actual output
Explanation / Answer
Utilization is calculated as
A) Actual running time divided by time available
The utilization says, how well and in organized way resources are being used in production to have effeicency. It means actual time devided by availability. so ans is ( A )
Lean systems refers to
A) Systems with very little waste and low inventory
Efficiency is calculated as
C) Actual output divided by standard output
It is ratio of what is actually produced with provided input and what can be produced with the same available resources. so it is ratio of actual output and standard output. so ans is ( C ).
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