Y2 - Business (Y1 revision)

According to Deloitte’s 2012/13 Annual Review of Football Finance, average Premier League attendances in the 2012/13 season numbered 36,000 spectators with capacity utilisation reaching 95 per cent. If capacity utilisation fell to 90 per cent, with capacity unchanged, the average attendance would be:

• a) 31,507

• b) 32,400

• c) 34,106

• d) 34,207

A workers’ co-operative in Cumbria makes timber garden sheds. Ten members of staff are each paid £1,600 per month. Each member of staff produces 20 sheds each month. The labour cost for each shed is:

• a) £8

• b) £20

• c) £40

• d) £80

In order to increase capacity utilisation, Fred Olsen Cruise Lines is offering a 17-day cruise through the Far East at different prices depending on the time of year that the holiday is taken. Prices range from £3,135 to £5,379. How much more expensive is the highest price compared to the lowest tariff?

• a) 52 per cent

• b) 34.2 per cent

• c) 31.7 per cent

• d) 71.6 per cent

Ryanair has recently agreed a deal to buy 100 new Boeing 737 Max 200 aircraft. Each of these new aircraft will seat 197 passengers. Ryanair’s existing Boeing 737-800 aircraft seat only 189 passengers. Ryanair has requested that Boeing ‘customise’ the 200-seater for them because, by keeping seat numbers below 200, it avoids having to put an extra flight attendant on the plane as one is required for every 50 passengers! The capacity of the new 737 Max 200 aircraft purchased by Ryanair is how much more than its existing 737-800s?

• a) 3.5 per cent

• b) 4.2 per cent

• c) 5.5 per cent

• d) 8 per cent

Lean production examples include:

• a) automation

• b) permanent employees

• c) just in time

• d) customisation

A Rotherham-based car hire business, Metz, has 55 vehicles in its fleet. On average, 45 of these vehicles are being rented at any one time. What is the capacity utilisation of Metz?

• a) 82 per cent

• b) 55 per cent

• c) 45 per cent

• d) 44 per cent

Which of the following is unlikely to improve labour productivity?

• a) Installation of modern equipment

• b) Increased training budget

• c) Installation of new technology

• d) Increased absenteeism

What is illustrated in the photo?

Is this correct?

• Yes

• No

Which of the following are techniques of lean production?

• Boston Matrix

• Cell production

• Benchmarking

• Profit calculation

• Just-In-Time production