This business/management problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.

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the smoothing constant
here are the solutions to the questions:
A factory has design capacity of 2,000 units and actual output of 1,500 units. Capacity utilisation is:
Step 1: Identify the formula for capacity utilization. Capacity utilization is calculated as the ratio of actual output to design capacity, expressed as a percentage.
Step 2: Substitute the given values into the formula. Given: Actual Output = 1,500 units, Design Capacity = 2,000 units.
Step 3: Calculate the capacity utilization. The correct option is 75%.
In exponential smoothing, a higher alpha value means the forecast:
The correct option is Responds more quickly to recent demand.
In process mapping, a diamond usually
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A factory has design capacity of 2,000 units and actual output of 1,500 units. Capacity utilisation is: Step 1: Identify the formula for capacity utilization.
This business/management problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.