Question 1

When the opportunity cost of lost revenue is relatively high, _____ become(s)relatively more attractive.

Accepted Answer

A) layoffs 
B) back orders 
C) excess capacity 
D) disaggregation 
E) minimal inventory 
A) layoffs 
B) back orders 
C) excess capacity 
D) disaggregation 
E) minimal inventory C

Question 2

Aggregate planners typically use mathematical techniques such as linear programming for planning.

Accepted Answer

A) True 
 B)False  False

Question 3

Aggregate planning requires which of the following information?
(I)a forecast of expected demand(II)current levels of inventory(III)policies regarding employment levels

Accepted Answer

A) II only 
B) I and II only 
C) I and III only 
D) I, II, and III 
E) II and III only 
A) II only 
B) I and II only 
C) I and III only 
D) I, II, and III 
E) II and III only D

Question 4

Subcontracting "in" would apply to periods in which our organization has excess capacity.

Accepted Answer

A) True 
 B)False

Question 5

The use of tables and charts in aggregate planning usually enables planners to arrive at an optimal plan.

Accepted Answer

A) True 
 B)False

Question 6

Simulation to produce an aggregate plan

Accepted Answer

A) will produce the best plan. 
B) is the most widely used technique. 
C) is easy to implement. 
D) will produce a plan that may not be the best plan. 
E) requires a minimum of four iterations to be accurate. 
A) will produce the best plan. 
B) is the most widely used technique. 
C) is easy to implement. 
D) will produce a plan that may not be the best plan. 
E) requires a minimum of four iterations to be accurate.

Question 7

Which of the following is not an output to the aggregate planning process?

Accepted Answer

A) inventory levels 
B) employees required 
C) backorder projections 
D) demand forecast 
E) subcontracting needed 
A) inventory levels 
B) employees required 
C) backorder projections 
D) demand forecast 
E) subcontracting needed

Question 8

Which of the following is not an input to the aggregate planning process?

Accepted Answer

A) resources available 
B) demand forecast 
C) policies on workforce changes 
D) master production schedules 
E) cost information 
A) resources available 
B) demand forecast 
C) policies on workforce changes 
D) master production schedules 
E) cost information

Question 9

Aggregate planning is capacity planning that typically covers a time horizon of one to three months.

Accepted Answer

A) True 
 B)False

Question 10

Ultimately the overriding factor in choosing a strategy in aggregate planning is overall cost.

Accepted Answer

A) True 
 B)False

Question 11

Aggregate planners attempt to balance

Accepted Answer

A) demand and inventories. 
B) demand and costs. 
C) capacity and inventories. 
D) capacity and costs. 
E) capacity and demand. 
A) demand and inventories. 
B) demand and costs. 
C) capacity and inventories. 
D) capacity and costs. 
E) capacity and demand.

Question 12

Linear programming to produce an aggregate plan

Accepted Answer

A) will produce the best plan if accurate inputs are used. 
B) is the most widely used technique. 
C) is easy to implement. 
D) will produce a plan that may not be the best plan. 
E) requires an Excel spreadsheet. 
A) will produce the best plan if accurate inputs are used. 
B) is the most widely used technique. 
C) is easy to implement. 
D) will produce a plan that may not be the best plan. 
E) requires an Excel spreadsheet.

Question 13

One area in which aggregate planning decisions are made is

Accepted Answer

A) job sequencing 
B) customer order quantities 
C) inventory levels 
D) location 
E) layout 
A) job sequencing 
B) customer order quantities 
C) inventory levels 
D) location 
E) layout

Question 14

Aggregate planning in the case of a high-volume product output business such as a restaurant is directed toward

Accepted Answer

A) smoothing the service rate. 
B) reducing the size of the workforce. 
C) making the kitchen and waitstaff more flexible. 
D) coming up with a fixed staffing level. 
E) making weekly work schedules more stable. 
A) smoothing the service rate. 
B) reducing the size of the workforce. 
C) making the kitchen and waitstaff more flexible. 
D) coming up with a fixed staffing level. 
E) making weekly work schedules more stable.

Question 15

A firm has 43 units of a certain product on hand. Forecasts for the first two planning periods are 20 units each. A production quantity of 80 units is planned to be available in period 3. Customer orders are 22 for period 1 and 17 for period 2. What is the projected on-hand inventory at the end of period 2?

Accepted Answer

A) 21 
B) 1 
C) 12 
D) 20 
E) impossible to say without more information 
A) 21 
B) 1 
C) 12 
D) 20 
E) impossible to say without more information

Question 16

This aggregate planning technique is known for being examined under a variety of conditions.

Accepted Answer

A) linear programming 
B) spreadsheet 
C) simulation 
D) heuristic 
E) trial and error 
A) linear programming 
B) spreadsheet 
C) simulation 
D) heuristic 
E) trial and error

Question 17

Proactive and reactive aggregate planning strategies are best associated with

Accepted Answer

A) input and output. 
B) make and buy. 
C) quantitative and qualitative. 
D) exact and approximate. 
E) demand and capacity options. 
A) input and output. 
B) make and buy. 
C) quantitative and qualitative. 
D) exact and approximate. 
E) demand and capacity options.

Question 18

Aggregate planning is capacity planning for

Accepted Answer

A) the long range. 
B) the intermediate range. 
C) the short range. 
D) typically one to three months. 
E) typically one or more years. 
A) the long range. 
B) the intermediate range. 
C) the short range. 
D) typically one to three months. 
E) typically one or more years.

Question 19

Accommodating peak demand and effectively using labor resources during periods of low demand would be the main goals of aggregate planners in

Accepted Answer

A) manufacturing. 
B) military. 
C) archaeology. 
D) libraries. 
E) financial services. 
A) manufacturing. 
B) military. 
C) archaeology. 
D) libraries. 
E) financial services.

Question 20

Aggregate planners commonly use trial-and-error methods in developing aggregate plans.

Accepted Answer

A) True 
 B)False

When the opportunity cost of lost revenue is relatively high, _____ become(s)relatively more attractive.

Aggregate planners typically use mathematical techniques such as linear programming for planning.

Aggregate planning requires which of the following information? (I)a forecast of expected demand(II)current levels of inventory(III)policies regarding employment levels

Subcontracting "in" would apply to periods in which our organization has excess capacity.

The use of tables and charts in aggregate planning usually enables planners to arrive at an optimal plan.

Simulation to produce an aggregate plan

Which of the following is not an output to the aggregate planning process?

Which of the following is not an input to the aggregate planning process?

Aggregate planning is capacity planning that typically covers a time horizon of one to three months.

Ultimately the overriding factor in choosing a strategy in aggregate planning is overall cost.

Aggregate planners attempt to balance

Linear programming to produce an aggregate plan

One area in which aggregate planning decisions are made is

Aggregate planning in the case of a high-volume product output business such as a restaurant is directed toward

This aggregate planning technique is known for being examined under a variety of conditions.

Proactive and reactive aggregate planning strategies are best associated with

Aggregate planning is capacity planning for

Accommodating peak demand and effectively using labor resources during periods of low demand would be the main goals of aggregate planners in

Aggregate planners commonly use trial-and-error methods in developing aggregate plans.

Introduction to Operations Management

Competitiveness, Strategy, and Productivity

Forecasting

Product and Service Design

Strategic Capacity Planning for Products and Services

Process Selection and Facility Layout

Work Design and Measurement

Location Planning and Analysis

Management of Quality

Quality Control

Inventory Management

MRP and ERP

Jit and Lean Operations

Supply Chain Management

Scheduling

Project Management

Management of Waiting Lines

Linear Programming

Filters

Exam 11: Aggregate Planning and Master Scheduling

When the opportunity cost of lost revenue is relatively high, _____ become(s)relatively more attractive.

Aggregate planners typically use mathematical techniques such as linear programming for planning.

Aggregate planning requires which of the following information? (I)a forecast of expected demand(II)current levels of inventory(III)policies regarding employment levels

Subcontracting "in" would apply to periods in which our organization has excess capacity.

The use of tables and charts in aggregate planning usually enables planners to arrive at an optimal plan.

Simulation to produce an aggregate plan

Which of the following is not an output to the aggregate planning process?

Which of the following is not an input to the aggregate planning process?

Aggregate planning is capacity planning that typically covers a time horizon of one to three months.

Ultimately the overriding factor in choosing a strategy in aggregate planning is overall cost.

Aggregate planners attempt to balance

Linear programming to produce an aggregate plan

One area in which aggregate planning decisions are made is

Aggregate planning in the case of a high-volume product output business such as a restaurant is directed toward

This aggregate planning technique is known for being examined under a variety of conditions.

Proactive and reactive aggregate planning strategies are best associated with

Aggregate planning is capacity planning for

Accommodating peak demand and effectively using labor resources during periods of low demand would be the main goals of aggregate planners in

Aggregate planners commonly use trial-and-error methods in developing aggregate plans.

Introduction to Operations Management

Competitiveness, Strategy, and Productivity

Forecasting

Product and Service Design

Strategic Capacity Planning for Products and Services

Process Selection and Facility Layout

Work Design and Measurement

Location Planning and Analysis

Management of Quality

Quality Control

Inventory Management

MRP and ERP

Jit and Lean Operations

Supply Chain Management

Scheduling

Project Management

Management of Waiting Lines

Linear Programming

Filters