Exam 10: Sales and Operations Planning and Enterprise Resource Planning

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Increasing the capacity of the operation just before a bottleneck operation will increase the output of the process.

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Sales and Operations Planning is also known as aggregate planning.

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A data file that shows how a product is manufactured,including what components are used in the manufacture of the finished product with required quantities,is called ________.

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Which of the following is an input to the SOP process?

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The capacity strategy where capacity is added in anticipation of demand is called

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The capacity for a machine or system that is available after accounting only for scrap and rework is known as actual capacity.

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A manager has prepared a forecast of expected aggregate demand for the next six months.Develop an aggregate plan to meet this demand given this additional information: A level production rate of 100 units per month will be used.Backorders are allowed,and they are charged at the rate of $8 per unit per month.Inventory holding costs,using average monthly inventory levels,are $1 per unit per month.Determine the cost of this plan if regular time cost is $20 per unit and beginning inventory is zero. A manager has prepared a forecast of expected aggregate demand for the next six months.Develop an aggregate plan to meet this demand given this additional information: A level production rate of 100 units per month will be used.Backorders are allowed,and they are charged at the rate of $8 per unit per month.Inventory holding costs,using average monthly inventory levels,are $1 per unit per month.Determine the cost of this plan if regular time cost is $20 per unit and beginning inventory is zero.

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The capacity for a machine or system that is available after accounting for scrap and rework and also factors in inefficiencies inherent in the system is known as available capacity.

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The feasibility check of a Materials Requirement Plan (MRP)is the detailed capacity plan.

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Demand that is calculated from the requirements for some parent item is called ________.

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Efficiency is defined as the ratio of

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Cloud computing provides the opportunity for companies to obtain the benefits of ERP by investing heavily in hardware.

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The phenomenon where production of more units results in higher average cost per item is known as ________.

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The feasibility check of a Sales and Operations Plan (SOP)is rough-cut capacity planning.

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The capacity that a machine or system should realize given optimal operating conditions is the design capacity.

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