All of the following statements concerning shortagesstre Escept: Shortage costs include boss of goodwill, tow of a sale, loss of customer, loweprofiel tate pensais Shortage costs are difficult or impossible to measure with any way c) High shortage costs favor malliveries d) is the cost of having no items in the inventory when it is needed by customer 19) All the statements concerning from to hold my we true Except a) To meet Variation in demand To allow inflexible production schedules To take advantage of peide discounts d) As a saudagainst variations in delivery time 11) A Leaming curve for a process with 40% caming rate as compared to a process with learning mateix Very difficult selam Very easy to um Leaol much more only 1) Desa't matter, same aming time 12) Aggregate Planning, which of the following arement reparting the relation betwem capacity and demand is Tw! If demand is premer than capacity, the firm might cause promotion and advising in der Incre demand 1 capacity and demand are nearly equal, emphasis should be placed on meeting demand >> efficiently as possible al capacity i mene than demand, the firm might consider subcontracting a portion of the work load do t capacity and demand are nearly equal, farm might chenie to adope a leve strategy 13) With all the other parameters to the problem changed itere in luming tue es the defect of locreasing the labee hours needed to produce the festimit Decreasing the labor hours scoded to produce the first mit c) Wisdouble the labor hoe needed to produce the first it None of the above 14. These are the theoraitin new in financing the purchase, handling bleweee, pilfergebeakage, ne, and opportunity * Holding Costs b) Setup Costs Ondering Costs 4 Shortage Costs 15) Which of the following statements concerning Applegate Production Manning is Tree a) When a fim wants to minimite inventory investment, a level production strategy is best b) When a firm wants to keep skilled babes, a level production strategy is best When a firm was to engles, les strategis best When a fim was to minimise changes in production chartegy is best 16) The goal of pregte planning is to achieve output objectives the ) Lowest possible cost or highest pealet b) Highest invio investment Lowest customer service d) Botha 17) Which one of the following is niet a basic optice for altering production capacity #) Unsubcontracting by Uning baders c) Using time 1) Hiring workers