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Question
A hotel has 200 rooms. If, on a given day, 150 rooms are occupied, which number represents the utilization of hotel rooms?
a. 33%
b. 50%
c. 66%
d. 75%
Answer
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Related questions
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_____ inventory is an additional amount of inventory that is kept over and above the average amount required to meet demand.
a. Seasonal
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c. Finished-goods
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Which of the following statements is true of backorders?
a. They occur as a result of excessive stock.
b. They occur when a customer is unwilling to wait for an ordered item.
c. They result in additional costs.
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In the context of ABC inventory analysis, which of the following statements is true of class A items?
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a. True
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a. the unit resource requirements and then adding in the setup time.
b. the setup time and then subtracting the unit resource requirements.
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Which of the following lot sizing rules is best applied when setup or order costs are high?
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_____ are the quantity of a component needed to support production at the next-higher level of assembly.
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b. 150
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a. True
b. False
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a. True
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a. True
b. False