Question 1

The planning horizon is

Accepted Answer

A)  the time period over which the aggregate plan is to produce a solution. 
B)  the duration of each time period in the aggregate plan. 
C)  the length of time required to produce the aggregate plan. 
D)  the solution to the aggregate plan. 
A)  the time period over which the aggregate plan is to produce a solution. 
B)  the duration of each time period in the aggregate plan. 
C)  the length of time required to produce the aggregate plan. 
D)  the solution to the aggregate plan.

Question 2

Inventory held 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 3

Forecasting errors are dealt with using

Accepted Answer

A)  safety backlog. 
B)  safety capacity. 
C)  safety inventory. 
D)  all of the above 
E)  B and C only 
A)  safety backlog. 
B)  safety capacity. 
C)  safety inventory. 
D)  all of the above 
E)  B and C only

Question 4

Explain the basic strategies that an aggregate planner has available to balance the various costs and meet demand.

Accepted Answer

There are essentially three distinct agg

Question 5

The goal of aggregate planning is to satisfy demand in a way that minimizes profit.

Accepted Answer

A) True 
 B)False

Question 6

Given that forecasts are always wrong to some degree,the aggregate plan needs to have some flexibility built into it if it is to be useful.

Accepted Answer

A) True 
 B)False

Question 7

Much of aggregate planning has traditionally been focused

Accepted Answer

A)  on short-term production scheduling. 
B)  on customer relationship management. 
C)  within an enterprise. 
D)  beyond enterprise boundaries. 
E)  all of the above 
A)  on short-term production scheduling. 
B)  on customer relationship management. 
C)  within an enterprise. 
D)  beyond enterprise boundaries. 
E)  all of the above

Question 8

Which of the following is not a distinct aggregate planning strategy for achieving balance between capacity,inventory,and backlog costs?

Accepted Answer

A)  Adjustable strategy 
B)  Chase strategy 
C)  Level strategy 
D)  Mixed strategy 
E)  Time flexible strategy 
A)  Adjustable strategy 
B)  Chase strategy 
C)  Level strategy 
D)  Mixed strategy 
E)  Time flexible strategy

Question 9

Traditionally,much of aggregate planning is focused within an enterprise and may not always be seen as a part of supply chain management.

Accepted Answer

A) True 
 B)False

Question 10

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

Accepted Answer

A)  aggregate planning. 
B)  detail planning. 
C)  inventory planning. 
D)  sales planning. 
E)  all of the above 
A)  aggregate planning. 
B)  detail planning. 
C)  inventory planning. 
D)  sales planning. 
E)  all of the above

Question 11

Which of the following is not one of the fundamental trade-offs available to a planner?

Accepted Answer

A)  Capacity (regular time, overtime, subcontracted) 
B)  Inventory 
C)  Warehouse availability 
D)  Backlog/lost sales because of delay 
A)  Capacity (regular time, overtime, subcontracted) 
B)  Inventory 
C)  Warehouse availability 
D)  Backlog/lost sales because of delay

Question 12

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

Accepted Answer

A)  machine capacity level. 
B)  subcontracting. 
C)  overtime. 
D)  backlog. 
E)  inventory on hand. 
A)  machine capacity level. 
B)  subcontracting. 
C)  overtime. 
D)  backlog. 
E)  inventory on hand.

Question 13

Which of the following is not an approach a company can use to create a buffer for forecast error using safety capacity?

Accepted Answer

A)  Overtime 
B)  Carry extra workforce permanently 
C)  Build and carry extra inventories 
D)  Subcontracting 
E)  Purchase capacity or product from an open or spot market 
A)  Overtime 
B)  Carry extra workforce permanently 
C)  Build and carry extra inventories 
D)  Subcontracting 
E)  Purchase capacity or product from an open or spot market

Question 14

Discuss the information required for aggregate planning.

Accepted Answer

An aggregate planner requires the follow

Question 15

The operational parameter concerned with the number of units completed per unit time (such as per week or per month)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 16

The goal of aggregate planning is to build a plan that satisfies demand while minimizing downtime.

Accepted Answer

A) True 
 B)False

Question 17

Most strategies that an aggregate planner actually uses are in combination and are referred to as the

Accepted Answer

A)  adjustable strategy. 
B)  Chase strategy. 
C)  level strategy. 
D)  mixed strategy. 
E)  time flexible strategy. 
A)  adjustable strategy. 
B)  Chase strategy. 
C)  level strategy. 
D)  mixed strategy. 
E)  time flexible strategy.

Question 18

The goal of aggregate planning is to build a plan that satisfies demand while maximizing profit.

Accepted Answer

A) True 
 B)False

The planning horizon is

Inventory held to satisfy demand that is higher than forecasted is

Forecasting errors are dealt with using

Explain the basic strategies that an aggregate planner has available to balance the various costs and meet demand.

The goal of aggregate planning is to satisfy demand in a way that minimizes profit.

Given that forecasts are always wrong to some degree,the aggregate plan needs to have some flexibility built into it if it is to be useful.

Much of aggregate planning has traditionally been focused

Which of the following is not a distinct aggregate planning strategy for achieving balance between capacity,inventory,and backlog costs?

Traditionally,much of aggregate planning is focused within an enterprise and may not always be seen as a part of supply chain management.

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

Which of the following is not one of the fundamental trade-offs available to a planner?

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

Which of the following is not an approach a company can use to create a buffer for forecast error using safety capacity?

Discuss the information required for aggregate planning.

The operational parameter concerned with the number of units completed per unit time (such as per week or per month)is

The goal of aggregate planning is to build a plan that satisfies demand while minimizing downtime.

Most strategies that an aggregate planner actually uses are in combination and are referred to as the

The goal of aggregate planning is to build a plan that satisfies demand while maximizing profit.

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

The planning horizon is

Inventory held to satisfy demand that is higher than forecasted is

Forecasting errors are dealt with using

Explain the basic strategies that an aggregate planner has available to balance the various costs and meet demand.

The goal of aggregate planning is to satisfy demand in a way that minimizes profit.

Given that forecasts are always wrong to some degree,the aggregate plan needs to have some flexibility built into it if it is to be useful.

Much of aggregate planning has traditionally been focused

Which of the following is not a distinct aggregate planning strategy for achieving balance between capacity,inventory,and backlog costs?

Traditionally,much of aggregate planning is focused within an enterprise and may not always be seen as a part of supply chain management.

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

Which of the following is not one of the fundamental trade-offs available to a planner?

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

Which of the following is not an approach a company can use to create a buffer for forecast error using safety capacity?

Discuss the information required for aggregate planning.

The operational parameter concerned with the number of units completed per unit time (such as per week or per month)is

The goal of aggregate planning is to build a plan that satisfies demand while minimizing downtime.

Most strategies that an aggregate planner actually uses are in combination and are referred to as the

The goal of aggregate planning is to build a plan that satisfies demand while maximizing profit.

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