Exam 16: Aggregate Planning and Master Scheduling

Which of the following are typically in play in a circumstance in which yield management is worthwhile? (I) Perishable capacity (II) Ample finished goods storage (III) Demand variability (IV) Low holding costs

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

Essentially, the output of aggregate planning is the:

In a service setting, the aggregate plan results in a time-phased projection of __________ requirements.

Seasonality in demand has the advantage of leveling out requirements for our product or service.

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

Aggregate planners attempt to balance:

One option for altering the availability of manufacturing capacity is:

Demand can be altered in aggregate planning by promotion and producing additional product using overtime.

Capacity can be modified in aggregate planning by promotion and producing additional product using overtime.

The output from aggregate planning is a detailed business plan covering the next 2 to 12 months.

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

A master production schedule quantity of 300 units will arrive in week 6. Weekly demand over weeks 3 through 10 is forecasted at 50 units. At present, orders have been booked in various quantities in weeks 1, 2, 3, and 4. What is available to promise for week 6?

Aggregate planners seek to match supply and demand:

A level capacity strategy is also known as a chase demand strategy.

Which of the following best describes aggregate planning?

In order to use the level capacity strategy, variations in demand are met by:

In practice, the more commonly used techniques for aggregate planning are:

Aggregate planning is capacity planning for:

Simulation to produce an aggregate plan: