Question 1

Aggregate planning for service firms that provide intangible output deals mainly with

Accepted Answer

A)  smoothing the production rate and finding the optimal size of the workforce 
B)  capital investment decisions 
C)  centralized purchasing 
D)  centralized production 
E)  planning for human resource requirements and managing demand 
A)  smoothing the production rate and finding the optimal size of the workforce 
B)  capital investment decisions 
C)  centralized purchasing 
D)  centralized production 
E)  planning for human resource requirements and managing demand

Question 2

Which of the following actions is consistent with the use of pure level strategy?

Accepted Answer

A)  use inventory to meet demand requirements 
B)  use overtime to meet higher-than-average demand requirements 
C)  vary production levels to meet demand requirements 
D)  vary work force to meet demand requirements 
E)  none of the above 
A)  use inventory to meet demand requirements 
B)  use overtime to meet higher-than-average demand requirements 
C)  vary production levels to meet demand requirements 
D)  vary work force to meet demand requirements 
E)  none of the above

Question 3

Describe the advantages and limitations of the transportation method for aggregate planning.

Accepted Answer

Advantages include that it provides opti

Question 4

Which of the following is not an ingredient for controlling labor cost in services?

Accepted Answer

A)  accurate scheduling of labor-hours to assure quick response to customer demand 
B)  an on-call labor resource that can be added or deleted to meet unexpected demand 
C)  contract overseas labor to obtain a lower wage scale 
D)  flexibility of individual worker skills that permits reallocation of available labor 
E)  flexibility in rate of output or hours of work to meet changing demand 
A)  accurate scheduling of labor-hours to assure quick response to customer demand 
B)  an on-call labor resource that can be added or deleted to meet unexpected demand 
C)  contract overseas labor to obtain a lower wage scale 
D)  flexibility of individual worker skills that permits reallocation of available labor 
E)  flexibility in rate of output or hours of work to meet changing demand

Question 5

The __________ strategy sets production equal to forecasted demand.

Accepted Answer

The answer of The __________ strategy sets production equal to...

Question 6

Eagle Fabrication has the following aggregate demand requirements and other data for the upcoming four quarters.
 $\begin{array}{|l|l|l|l|}
\hline\text { Quarter}&\text {  Demand }& \text { Previous quarter's output } &1500 \text { units }\
\hline1&1300& \text { Beginning inventory } & 200 \text { units } \
\hline2&1400& \text { Stockout cost } & \$ 50 \text { per unit } \
\hline&&&\$ 10 \text { per unit at end of } \
3&1500& \text { Inventory holding cost } &\text { quarter }\

\hline 4&1300&\text { Hiring workers } & \$ 4 \text { per unit } \
\hline &&\text { Laying off workers } & \$ 8 \text { per unit } \
\hline&& \text { Unit cost } & \$ 30 \text { per unit } \
\hline &&\text { Overtime } & \$ 10 \text { extra per unit }\
\hline
\end{array}$ 
Which of the following production plans is better: Plan A-chase demand by hiring and layoffs; or Plan B-produce at a constant rate of 1200 and obtain the remainder from overtime?

Accepted Answer

Plan A would cost $165,400, wh

Question 7

Among the mathematical approaches to aggregate planning, __________ is good at working with inventories, holding costs, overtime, and subcontracting, but not with hiring and layoffs.

Accepted Answer

the transp

Question 8

In aggregate planning, which one of the following is not a basic option for altering demand?

Accepted Answer

A)  promotion 
B)  subcontracting 
C)  back ordering 
D)  pricing 
E)  All are demand options. 
A)  promotion 
B)  subcontracting 
C)  back ordering 
D)  pricing 
E)  All are demand options.

Question 9

One of the demand options of aggregate planning is to vary the workforce by hiring or layoffs.

Accepted Answer

A) True 
 B)False

Question 10

A(n) __________ is the result of the disaggregation of the aggregate plan.

Accepted Answer

master pro

Question 11

The use of part-time workers as an aggregate planning option may be less costly than using full-time workers, but may also reduce quality levels.

Accepted Answer

A) True 
 B)False

Question 12

Which of these is not a characteristic that makes yield management attractive to organizations that have perishable inventory?

Accepted Answer

A)  demand can be segmented 
B)  service can be sold in advance of consumption 
C)  capacity is easily changed 
D)  variable costs are low and fixed costs are high 
E)  demand fluctuates 
A)  demand can be segmented 
B)  service can be sold in advance of consumption 
C)  capacity is easily changed 
D)  variable costs are low and fixed costs are high 
E)  demand fluctuates

Question 13

Top executives tend to focus their attention on which type of forecasts?

Accepted Answer

A)  short-range 
B)  medium-range 
C)  long-range 
D)  weather 
E)  the forecast for the next day's absentee levels 
A)  short-range 
B)  medium-range 
C)  long-range 
D)  weather 
E)  the forecast for the next day's absentee levels

Question 14

How does "yield management" impact the aggregate plan?

Accepted Answer

Yield management adds another set of dec

Aggregate planning for service firms that provide intangible output deals mainly with

Which of the following actions is consistent with the use of pure level strategy?

Describe the advantages and limitations of the transportation method for aggregate planning.

Which of the following is not an ingredient for controlling labor cost in services?

The __________ strategy sets production equal to forecasted demand.

Among the mathematical approaches to aggregate planning, __________ is good at working with inventories, holding costs, overtime, and subcontracting, but not with hiring and layoffs.

In aggregate planning, which one of the following is not a basic option for altering demand?

One of the demand options of aggregate planning is to vary the workforce by hiring or layoffs.

A(n) __________ is the result of the disaggregation of the aggregate plan.

The use of part-time workers as an aggregate planning option may be less costly than using full-time workers, but may also reduce quality levels.

Which of these is not a characteristic that makes yield management attractive to organizations that have perishable inventory?

Top executives tend to focus their attention on which type of forecasts?

How does "yield management" impact the aggregate plan?

Operations and Productivity

Operations Strategy in a Global Environment

Project Management

Forecasting

Design of Goods and Services

Managing Quality

Statistical Process Control

Process Strategy

Capacity and Constraint Management

Location Strategies

Layout Strategies

Human Resources, Job Design, and Work Measurement

Supply-Chain Management

Outsourcing as a Supply-Chain Strategy

Inventory Management

Material Requirements Planning MRP and ERP

Short-Term Scheduling

Just-In-Time and Lean Options

Maintenance and Reliability

Decision-Making Tools

Linear Programming

Transportation Models

Waiting-Line Models

Learning Curves

Simulation

Filters

Exam 16: Aggregate Planning

Aggregate planning for service firms that provide intangible output deals mainly with

Which of the following actions is consistent with the use of pure level strategy?

Describe the advantages and limitations of the transportation method for aggregate planning.

Which of the following is not an ingredient for controlling labor cost in services?

The __________ strategy sets production equal to forecasted demand.

Among the mathematical approaches to aggregate planning, __________ is good at working with inventories, holding costs, overtime, and subcontracting, but not with hiring and layoffs.

In aggregate planning, which one of the following is not a basic option for altering demand?

One of the demand options of aggregate planning is to vary the workforce by hiring or layoffs.

A(n) __________ is the result of the disaggregation of the aggregate plan.

The use of part-time workers as an aggregate planning option may be less costly than using full-time workers, but may also reduce quality levels.

Which of these is not a characteristic that makes yield management attractive to organizations that have perishable inventory?

Top executives tend to focus their attention on which type of forecasts?

How does "yield management" impact the aggregate plan?

Operations and Productivity

Operations Strategy in a Global Environment

Project Management

Forecasting

Design of Goods and Services

Managing Quality

Statistical Process Control

Process Strategy

Capacity and Constraint Management

Location Strategies

Layout Strategies

Human Resources, Job Design, and Work Measurement

Supply-Chain Management

Outsourcing as a Supply-Chain Strategy

Inventory Management

Material Requirements Planning MRP and ERP

Short-Term Scheduling

Just-In-Time and Lean Options

Maintenance and Reliability

Decision-Making Tools

Linear Programming

Transportation Models

Waiting-Line Models

Learning Curves

Simulation

Filters