Exam 2: Production Planning System

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Which basic production planning strategy avoids hiring and layoff costs and the costs of excess capacity?

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C

Which of the following is a characteristic of a production plan?

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E

If the old backlog was 200 units, the forecast for the next period is 500 units, and production for the next period is 600 units, what will be the backlog at the end of the next period?

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A

Which of the following is an input to the production plan?

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Over a 10-week period the cumulative sales are forecast at 10,000 units, the opening inventory is 200 units and the closing inventory is to be 100 units. What should be the weekly planned production for level production?

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Priority in production planning relates to:

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If the opening inventory is 100 units, the sales are 500 units and the ending inventory is 200 units, then manufacturing must produce:

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Firms will generally make-to-order when:

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Which of the following are characteristics of an MRPII system? I. It incorporates the plans of marketing, production and finance. II. It is a fully integrated planning and control system. III. It has feedback from the bottom up.

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Which of the following plans has the longest planning horizon and the least level of detail?

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Which of the following statements is best about sales and operations planning?

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A production planning strategy which turns away extra demand is called:

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Firms will generally make-to-stock when:

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Which of the following represents the major reason for developing the production plan as part of Sales and Operations Planning?

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Which of the following information is needed to develop a make-to-stock production plan? I. Forecast by time period for the production plan. II. Opening inventory. III. Opening backlog of customer orders. IV. Desired ending inventory.

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Over the time span of the production plan, which of the following can usually be varied to change capacity?

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Which of the following is a complete closed loop planning system that develops plans for all materials and operations?

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Determining the need for labor, machines, physical resources to meet the production objectives of the firm is called:

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The function of setting the limits or levels of manufacturing operations based on the market plan and resource availability is called:

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Which basic production planning strategy will build inventory and avoid the costs of excess capacity?

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