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Lina20 [59]
2 years ago
15

Discuss the differences between utilization and efficiency as measures of system performance. Which (if any) is the most useful

measure for an operations manager? Why?
Business
1 answer:
Soloha48 [4]2 years ago
5 0

The capacity utilization rate is an important indicator for companies because it can be used to assess operating efficiency and provides an insight into cost structure. Fixed costs remain unchanged. It can be used to determine the level at which costs per unit go up or fall.

<h3>What are the differences between Utilization and Efficiency measures?</h3>

Capacity utilization is a measure of how well an organization uses its productive capacity. On the other hand, Efficiency is normally expressed as a percentage of the actual output to the expected output.

Thus, utilization measures are necessary for measuring operational managers because the capacity utilization rate is an important indicator for companies. After all, it can be used to assess operating efficiency and provides an insight into the cost structure.

Learn more about Efficiency measures here:

brainly.com/question/6672666

#SPJ1

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Amartya​ Sen, a professor of economics at Harvard and a Nobel​ Laureate, has​ argued: ​"For India to match China in its range of
poizon [28]

Answer:

Refer below.

Explanation:

Amartya​ Sen, a professor of economics at Harvard and a Nobel​ Laureate, has​ argued: ​"For India to match China in its range of manufacturing capacity... it needs a​ better-educated and healthier labor force at all levels of​ society." ​Source: Amartya​ Sen, "Why India Trails​ China," Wall Street Journal​, June​ 19, 2013. Education and health care are important for economic growth because:

India has had the option to encounter fast financial development since 1991 regardless of poor instructive and human services frameworks on the grounds that can accomplished a solid workforce has higher efficiency.

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5 0
4 years ago
Read 2 more answers
Why did gateway choose not to carry any finished product inventory at its retail stress? why apple choose to carry inventory at
Lyrx [107]

Answer:

Refer below for the explanation.

Explanation:

Gateway had a technique to abstain from conveying completed products stock in retail locations. ... The organization's system intended to plan a store network that would coordinate market interest.

5 0
3 years ago
Systems builders and Customers have a high level of responsibility and should take great care to ensure that any investment in n
ivanzaharov [21]

Answer:

Systems builders and Customers have a high level of responsibility and should take great care to ensure that any investment in new Solutions will deliver shared economic benefits.

Explanation:

The purpose of the interaction between the organization, represented here by systems builders, and the customers is to increase shared value.  This is why in building any customer solution, the organization must exercise responsibility to limit the use of resources so that when new solutions are offered to solve customers' problems, the outcome of the effort yields benefits that the customers will be willing to pay for.  It is when this is achieved that system builders can beat their chests that they have created value that satisfies customers.

7 0
3 years ago
What do you NOT need in order to fill out a 1040?
Andrew [12]

B) Your employer benefits documentation

Explanation:

Your employer benefits documentation has little to do with your taxes as it is not a part of the tax rebate schemes.

<u>Supplement income is very much a part of taxable incom</u>e, so it has to be produced.

<u>The W 2 form is the primary taxation form</u> one receives from the IRS which is to be filled while filing for taxes.

<u>Routing and bank account details need also be provided</u> to track all the income generated through supplementary and main sources of income.

5 0
3 years ago
Mike's Roadside Market buys produce from area farmers, marks the merchandise at a price that includes some profit, and then sell
vivado [14]

Answer:

reseller

Explanation:

A resller is a person that purchases  finished goods and sells them again to  customers in order to earn a profit. Resellers do not make changes or modify the products they buy. Resellers can be wholesalers or retailers.

i hope my answer helps you

3 0
4 years ago
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