Exam 9: Balancing Demand against Productive Capacity

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What are thee strategies that can be employed when considering a modification to the place and time of service delivery?

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Discuss why a subway car has elastic capacity.

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What are the two basic approaches to fluctuating demand?

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What are the four supply and demand conditions that a fixed-capacity service may face?

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Describe four of the ten propositions on the psychology of waiting lines.

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The term "productive capacity" refers to the resources or assets that a firm can employ to create goods and services.

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List the six actions managers can take to adjust capacity as needed.

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The demand on a city bus is likely to vary by all EXCEPT which of the following?

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Discuss how PrimeTimeTables can be successful in their business and the problems they face in the provision of their service.

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Financial success in businesses with limited capacity depends largely on how capacity is used.

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Mont Tremblant uses all the following ways to attract guests during summer EXCEPT _____________.

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Which of the following is the correct action for a firm to take that wants to reduce demand and has insufficient capacity?

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Give a situation where optimal and maximum capacities are the same.

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Capacity of service can be stretched over long period of time and staff may be able to work at high levels of efficiency.

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Describe how ski resorts manage traditionally seasonal supply and demand fluctuations.

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When a firm wants to inventory demand via a reservation system and has insufficient capacity it should lower prices selectively.

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Demand patterns are usually random.

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Describe what the term "yield" means in the context of a reservation strategy.

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Which of the following is NOT one of the ways to change the overall level of capacity to match demand variations?

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All of the following are ways to make waits more bearable EXCEPT ____________.

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