Question 1

Which of the following is not information needed by the aggregate planner?

Accepted Answer

A)  Demand forecast for each period in the planning horizon 
B)  Production costs 
C)  Labor costs 
D)  Cost of subcontracting production 
E)  Cost of changing the demand forecast 
A)  Demand forecast for each period in the planning horizon 
B)  Production costs 
C)  Labor costs 
D)  Cost of subcontracting production 
E)  Cost of changing the demand forecast

Question 2

A ________ is the time period over which the aggregate plan is to produce a solution-usually between 3 and 18 months.

Accepted Answer

A)  planning horizon 
B)  time window 
C)  look ahead 
D)  freeze window 
A)  planning horizon 
B)  time window 
C)  look ahead 
D)  freeze window

Question 3

Capacity used to satisfy demand that is higher than forecasted is

Accepted Answer

A)  safety backlog. 
B)  safety capacity. 
C)  safety inventory. 
D)  safety sales. 
E)  safety workforce. 
A)  safety backlog. 
B)  safety capacity. 
C)  safety inventory. 
D)  safety sales. 
E)  safety workforce.

Question 4

Which of the following is not a cost of changing capacity?

Accepted Answer

A)  Cost of adding machine capacity 
B)  Cost of hiring workforce 
C)  Cost of laying off workforce 
D)  Cost of overtime 
E)  Cost of reducing machine capacity 
A)  Cost of adding machine capacity 
B)  Cost of hiring workforce 
C)  Cost of laying off workforce 
D)  Cost of overtime 
E)  Cost of reducing machine capacity

Question 5

A poor aggregate plan may result in a large amount of excess inventory and capacity,thereby raising costs.

Accepted Answer

A) True 
 B)False

Question 6

A highly effective tool for a company to use when it tries to maximize profits while being subjected to a series of constraints is

Accepted Answer

A)  aggregate programming. 
B)  distribution programming. 
C)  production programming. 
D)  linear programming. 
E)  manufacturing programming. 
A)  aggregate programming. 
B)  distribution programming. 
C)  production programming. 
D)  linear programming. 
E)  manufacturing programming.

Question 7

The quality of the aggregate plan can be improved by using information from

Accepted Answer

A)  only the local firm. 
B)  only downstream partners. 
C)  only upstream partners. 
D)  all parts of the supply chain. 
E)  none of the above 
A)  only the local firm. 
B)  only downstream partners. 
C)  only upstream partners. 
D)  all parts of the supply chain. 
E)  none of the above

Question 8

The operational parameter concerned with the number of workers/units of capacity needed for production is

Accepted Answer

A)  production rate. 
B)  workforce. 
C)  overtime. 
D)  backlog. 
E)  inventory on hand. 
A)  production rate. 
B)  workforce. 
C)  overtime. 
D)  backlog. 
E)  inventory on hand.

Question 9

How frequently should the aggregate plan be rerun?

Accepted Answer

A)  Weekly 
B)  Monthly 
C)  Every 3 to 8 months 
D)  As inputs to the aggregate plan change 
A)  Weekly 
B)  Monthly 
C)  Every 3 to 8 months 
D)  As inputs to the aggregate plan change

Question 10

Aggregate planning is a process by which a company determines levels of capacity,production,subcontracting,inventory,stockouts,and even pricing over a specified time horizon.

Accepted Answer

A) True 
 B)False

Question 11

Aggregate planning,to be effective,requires inputs from

Accepted Answer

A)  all customers. 
B)  all departments. 
C)  all suppliers. 
D)  throughout the supply chain. 
E)  throughout the company. 
A)  all customers. 
B)  all departments. 
C)  all suppliers. 
D)  throughout the supply chain. 
E)  throughout the company.

Question 12

An aggregate planner requires information on constraints.Which of the following is one of the typical constraints for an aggregate planner?

Accepted Answer

A)  Inventory holding cost 
B)  Labor/machine hours required per unit 
C)  Stockout or backlog cost 
D)  Limits on overtime 
A)  Inventory holding cost 
B)  Labor/machine hours required per unit 
C)  Stockout or backlog cost 
D)  Limits on overtime

Question 13

Linear programming finds the solution that creates the highest profit while satisfying most of the constraints that a company faces.

Accepted Answer

A) True 
 B)False

Question 14

There are essentially three distinct aggregate planning strategies for achieving balance between costs.Which of the following is not one of these?

Accepted Answer

A)  Chase strategy-using capacity as the lever 
B)  Flexibility strategy-using utilization as the lever 
C)  Level strategy-using inventory as the lever 
D)  Response strategy-using utilization as the lever 
A)  Chase strategy-using capacity as the lever 
B)  Flexibility strategy-using utilization as the lever 
C)  Level strategy-using inventory as the lever 
D)  Response strategy-using utilization as the lever

Question 15

The aggregate plan needs to

Accepted Answer

A)  be a final product because changes are disruptive to the supply chain. 
B)  be considered fixed because forecasts are usually accurate. 
C)  have some flexibility built into it because forecasts are always wrong. 
D)  have some flexibility built into it because forecasts are usually right. 
A)  be a final product because changes are disruptive to the supply chain. 
B)  be considered fixed because forecasts are usually accurate. 
C)  have some flexibility built into it because forecasts are always wrong. 
D)  have some flexibility built into it because forecasts are usually right.

Question 16

Aggregate planning is a process by which a company determines planned levels of capacity,production,subcontracting,inventory,stockouts,and even pricing over a specified time horizon.

Accepted Answer

A) True 
 B)False

Question 17

A poor aggregate plan can result in

Accepted Answer

A)  appropriate inventory levels. 
B)  efficient use of capacity. 
C)  better sales and lost profits. 
D)  lost sales and lost profits. 
E)  lost sales and better profits. 
A)  appropriate inventory levels. 
B)  efficient use of capacity. 
C)  better sales and lost profits. 
D)  lost sales and lost profits. 
E)  lost sales and better profits.

Question 18

The fundamental trade-offs available to an aggregate planner are between

Accepted Answer

A)  capability, inventory, and backlog costs. 
B)  capability, inventory, and sales costs. 
C)  capacity, inventory, and backlog costs. 
D)  capacity, inventory, and sales costs. 
A)  capability, inventory, and backlog costs. 
B)  capability, inventory, and sales costs. 
C)  capacity, inventory, and backlog costs. 
D)  capacity, inventory, and sales costs.

Question 19

Discuss key issues to be considered when implementing aggregate planning.

Accepted Answer

1.Think beyond the enterprise to the ent

Question 20

The operational parameter concerned with the planned inventory carried over the various periods in the planning horizon is

Accepted Answer

A)  production rate. 
B)  workforce. 
C)  overtime. 
D)  backlog. 
E)  inventory on hand. 
A)  production rate. 
B)  workforce. 
C)  overtime. 
D)  backlog. 
E)  inventory on hand.

Which of the following is not information needed by the aggregate planner?

A ________ is the time period over which the aggregate plan is to produce a solution-usually between 3 and 18 months.

Capacity used to satisfy demand that is higher than forecasted is

Which of the following is not a cost of changing capacity?

A poor aggregate plan may result in a large amount of excess inventory and capacity,thereby raising costs.

A highly effective tool for a company to use when it tries to maximize profits while being subjected to a series of constraints is

The quality of the aggregate plan can be improved by using information from

The operational parameter concerned with the number of workers/units of capacity needed for production is

How frequently should the aggregate plan be rerun?

Aggregate planning is a process by which a company determines levels of capacity,production,subcontracting,inventory,stockouts,and even pricing over a specified time horizon.

Aggregate planning,to be effective,requires inputs from

An aggregate planner requires information on constraints.Which of the following is one of the typical constraints for an aggregate planner?

Linear programming finds the solution that creates the highest profit while satisfying most of the constraints that a company faces.

There are essentially three distinct aggregate planning strategies for achieving balance between costs.Which of the following is not one of these?

The aggregate plan needs to

Aggregate planning is a process by which a company determines planned levels of capacity,production,subcontracting,inventory,stockouts,and even pricing over a specified time horizon.

A poor aggregate plan can result in

The fundamental trade-offs available to an aggregate planner are between

Discuss key issues to be considered when implementing aggregate planning.

The operational parameter concerned with the planned inventory carried over the various periods in the planning horizon is

Understanding the Supply Chain

Supply Chain Performance: Achieving Strategic Fit and Scope

Supply Chain Drivers and Metrics

Designing Distribution Networks and Applications to E-Business

Network Design in the Supply Chain

Designing Global Supply Chain Networks

Demand Forecasting in a Supply Chain

Sales and Operations Planning: Planning Supply and Demand in a Supply Chain

Coordination in a Supply Chain

Managing Economies of Scale in the Supply Chain: Cycle Inventory

Managing Uncertainty in a Supply Chain: Safety Inventory

Determining the Optimal Level of Product Availability

Transportation in a Supply Chain

Sourcing Decisions in a Supply Chain

Pricing and Revenue Management in a Supply Chain

Information Technology in a Supply Chain

Sustainability and the Supply Chain

Filters

Exam 8: Aggregate Planning in a Supply Chain

Which of the following is not information needed by the aggregate planner?

A ________ is the time period over which the aggregate plan is to produce a solution-usually between 3 and 18 months.

Capacity used to satisfy demand that is higher than forecasted is

Which of the following is not a cost of changing capacity?

A poor aggregate plan may result in a large amount of excess inventory and capacity,thereby raising costs.

A highly effective tool for a company to use when it tries to maximize profits while being subjected to a series of constraints is

The quality of the aggregate plan can be improved by using information from

The operational parameter concerned with the number of workers/units of capacity needed for production is

How frequently should the aggregate plan be rerun?

Aggregate planning is a process by which a company determines levels of capacity,production,subcontracting,inventory,stockouts,and even pricing over a specified time horizon.

Aggregate planning,to be effective,requires inputs from

An aggregate planner requires information on constraints.Which of the following is one of the typical constraints for an aggregate planner?

Linear programming finds the solution that creates the highest profit while satisfying most of the constraints that a company faces.

There are essentially three distinct aggregate planning strategies for achieving balance between costs.Which of the following is not one of these?

The aggregate plan needs to

Aggregate planning is a process by which a company determines planned levels of capacity,production,subcontracting,inventory,stockouts,and even pricing over a specified time horizon.

A poor aggregate plan can result in

The fundamental trade-offs available to an aggregate planner are between

Discuss key issues to be considered when implementing aggregate planning.

The operational parameter concerned with the planned inventory carried over the various periods in the planning horizon is

Understanding the Supply Chain

Supply Chain Performance: Achieving Strategic Fit and Scope

Supply Chain Drivers and Metrics

Designing Distribution Networks and Applications to E-Business

Network Design in the Supply Chain

Designing Global Supply Chain Networks

Demand Forecasting in a Supply Chain

Sales and Operations Planning: Planning Supply and Demand in a Supply Chain

Coordination in a Supply Chain

Managing Economies of Scale in the Supply Chain: Cycle Inventory

Managing Uncertainty in a Supply Chain: Safety Inventory

Determining the Optimal Level of Product Availability

Transportation in a Supply Chain

Sourcing Decisions in a Supply Chain

Pricing and Revenue Management in a Supply Chain

Information Technology in a Supply Chain

Sustainability and the Supply Chain

Filters