a. Determine the capacity of this process. b. Which action would yield the greatest increase in process capacity: (1) increase the capacity of Operation 1 by 15 percent; (2) increase the capacity of Operation 2 by 15 percent; or (3) increase the capacity of Operation 3 by 15 percent?
The following diagram shows a 4-step process that begins with Operation 1 and ends with Operation 4. The rates shown in each box represent the effective capacity of that operation.
a. Determine the capacity of this process.
b. Which action would yield the greatest increase in process capacity: (1) increase the capacity of Operation 1 by 15 percent; (2) increase the capacity of Operation 2 by 15 percent; or (3) increase the capacity of Operation 3 by 15 percent?
Production is the process in which inputs are combined to have the required output. It includes a number of tools, equipment, materials, machinery, etc. Production is not related to producing one product, it's producing the products in large quantities. Certain expenses and costs are connected to the production process. All these costs are to be managed along with certain activities to achieve the production targets effectively.
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