Exam 3: S&OP/Aggregate planning

The manufacturing and control framework (M&CF)is composed of many different plans with different scope and focuses.Below are M&CF processes listed according to their position within the framework hierarchy starting with the higher level process on the left.

Among the following choices, select the disadvantages to using a pure level strategy for aggregate planning 1)High level of excess inventory 2)Incurring subcontracting or overtime costs 3)High cost associated with changing production capacity 4)Incurring Backorder costs

The goal of S&OP process is _______________________________.

Describe the function of Sales and Operations Planning (S&OP)process.

In your own words, briefly describe the function of aggregate planning.

The demand for Quarter 1,2,3,and 4 is the following: Q1:20,000 $\quad$ Q2:100,000 $\quad$ Q3:60,000 $\quad$ Q4:153,000 Currently the firm has 80 workers who produce 800 units per quarter each.The cost per unit is $35.00.The cost of holding 1 unit per quarter is $1.50.The cost of hiring a worker is $100.When using the pure level strategy, what is the total cost for the year?

Select the primary functions of the SCOR model. 1)Measuring the performance of the supply chain 2)Maximizing asset utilization 3)Regulating and moderating the supply chain 4)Implementing best practices

ABC Inc.custom makes furniture.It has 20 workers who produce 135 units per quarter each.The cost per unit is $2500.00.If a pure level strategy is used, what is the total cost of holding inventory based on a holding cost of $500/unit/quarter? Be as close as possible. Q1: 3,000 $\quad$ Q2: 500 $\quad$ Q3: 500 $\quad$ $\quad$ Q4: 6,000

The Sales and Operations Planning (S&OP)process interfaces with other business processes in order to obtain information and integrate production with the overall objectives of the organizations.List the 4 other business processes that S&OP interfaces with.

Among the following activities, choose ones that are key Sales and Operations Planning (S&OP)activities. 1)Production schedule analysis 2)New product analysis 3)Demand analysis 4)Customer analysis