Question 1

In conducting aggregate operations planning there are a number of required inputs.Which of the following are considered inputs internal to the firm?

Accepted Answer

A) Inventory levels and economic conditions 
B) Market demand and subcontractor capacity 
C) Current physical capacity and current workforce 
D) Competitor behavior and current workforce 
E) Current physical capacity and raw material availability 
A) Inventory levels and economic conditions 
B) Market demand and subcontractor capacity 
C) Current physical capacity and current workforce 
D) Competitor behavior and current workforce 
E) Current physical capacity and raw material availability

Question 2

Which of the following costs are relevant to aggregate operations planning?

Accepted Answer

A) Sunk costs 
B) Transaction costs 
C) Backordering costs 
D) Legal costs 
E) Fixed costs 
A) Sunk costs 
B) Transaction costs 
C) Backordering costs 
D) Legal costs 
E) Fixed costs

Question 3

From an operational perspective yield management is least effective under which of the following circumstances?

Accepted Answer

A) Demand can be segmented by customer 
B) The product can be sold in advance 
C) The product can be kept to be sold when demand is stronger 
D) Fixed costs are high and variable costs are low 
E) Demand is highly variable 
A) Demand can be segmented by customer 
B) The product can be sold in advance 
C) The product can be kept to be sold when demand is stronger 
D) Fixed costs are high and variable costs are low 
E) Demand is highly variable

Question 4

From an operational perspective yield management is least effective under which of the following circumstances?

Accepted Answer

A) Demand can be segmented by customer 
B) The product can be sold in advance 
C) Demand is highly variable 
D) Fixed costs are high and variable costs are low 
E) Demand is stable and close to capacity 
A) Demand can be segmented by customer 
B) The product can be sold in advance 
C) Demand is highly variable 
D) Fixed costs are high and variable costs are low 
E) Demand is stable and close to capacity

Question 5

The Aggregate Operations Planning variable "workforce level" refers to the number of workers needed to accomplish the planned production.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following is not one of the "number of interesting issues that arise in yield management?"

Accepted Answer

A) Pricing structures must appear logical to the customer and justify different prices 
B) Designing yield management programs that cannot be imitated by a competitor 
C) How to handle variability in customer arrivals,duration,and interval 
D) Managing the service process 
E) Training workers and managers to work in a yield management environment 
A) Pricing structures must appear logical to the customer and justify different prices 
B) Designing yield management programs that cannot be imitated by a competitor 
C) How to handle variability in customer arrivals,duration,and interval 
D) Managing the service process 
E) Training workers and managers to work in a yield management environment

Question 7

Firms facing cyclical demand fluctuations would be wise to introduce complementary products whose cycles are the
same as their current products.

Accepted Answer

A) True 
 B)False

Question 8

In aggregate operations planning the variable "production rate" refers to the number of units completed per unit of time.

Accepted Answer

A) True 
 B)False

Question 9

Costs incurred in hiring,training and laying off personnel are considered relevant aggregate operations planning costs.

Accepted Answer

A) True 
 B)False

Question 10

The widespread adoption of computing technology has led to the virtual abandonment of simple cut-and-try charting and graphical methods to develop aggregate operations plans.

Accepted Answer

A) True 
 B)False

Question 11

The master production schedule is a crucial input into the Aggregate Operations Plan.

Accepted Answer

A) True 
 B)False

Question 12

Using the cut-and-try method for aggregate operations planning we can determine the production requirement in units of product.If the beginning inventory is 100 units,the demand forecast is 1,200,and the necessary safety stock is 20% of the demand forecast,which of the following is the production requirement?

Accepted Answer

A) 1,200 
B) 1,300 
C) 1,340 
D) 1,500 
E) 1,540 
A) 1,200 
B) 1,300 
C) 1,340 
D) 1,500 
E) 1,540

Question 13

In conducting aggregate operations planning there are a number of required inputs.Which of the following are inputs considered external to the firm?

Accepted Answer

A) Inventory levels and market demand 
B) Raw material availability and competitor's behavior 
C) Current workforce and economic conditions 
D) Current physical capacity and market demand 
E) Subcontractor capacity and inventory levels 
A) Inventory levels and market demand 
B) Raw material availability and competitor's behavior 
C) Current workforce and economic conditions 
D) Current physical capacity and market demand 
E) Subcontractor capacity and inventory levels

Question 14

Backordering costs incurred in producing a given product type in a given time period are relevant aggregate operations planning costs.

Accepted Answer

A) True 
 B)False

Question 15

Aggregate Planning Techniques is developed from the master schedule and the strategic capacity plan.

Accepted Answer

A) True 
 B)False

Question 16

The Aggregate Operations Plan translates annual and quarterly business plans into broad labor and output plans for the
.

Accepted Answer

A) True 
 B)False

Question 17

The International Aggregate Planning Society (IAPS)has developed aggregate operations planning guidelines that are followed by a majority of manufacturing firms.

Accepted Answer

A) True 
 B)False

Question 18

Order scheduling is the step in the Aggregate Operations Planning process that immediately follows material requirements planning.

Accepted Answer

A) True 
 B)False

Question 19

rate fence is a logical justification for different prices for what is essentially the same service.

Accepted Answer

A) True 
 B)False

Question 20

In an overview of the major operations planning activities in a typical logistics organization,which of the following activities follows aggregate sales and operations planning?

Accepted Answer

A) Process planning 
B) Workforce scheduling 
C) Vehicle loading 
D) Materials requirements planning 
E) Order scheduling 
A) Process planning 
B) Workforce scheduling 
C) Vehicle loading 
D) Materials requirements planning 
E) Order scheduling

In conducting aggregate operations planning there are a number of required inputs.Which of the following are considered inputs internal to the firm?

Which of the following costs are relevant to aggregate operations planning?

From an operational perspective yield management is least effective under which of the following circumstances?

From an operational perspective yield management is least effective under which of the following circumstances?

The Aggregate Operations Planning variable "workforce level" refers to the number of workers needed to accomplish the planned production.

Which of the following is not one of the "number of interesting issues that arise in yield management?"

Firms facing cyclical demand fluctuations would be wise to introduce complementary products whose cycles are the same as their current products.

In aggregate operations planning the variable "production rate" refers to the number of units completed per unit of time.

Costs incurred in hiring,training and laying off personnel are considered relevant aggregate operations planning costs.

The widespread adoption of computing technology has led to the virtual abandonment of simple cut-and-try charting and graphical methods to develop aggregate operations plans.

The master production schedule is a crucial input into the Aggregate Operations Plan.

In conducting aggregate operations planning there are a number of required inputs.Which of the following are inputs considered external to the firm?

Backordering costs incurred in producing a given product type in a given time period are relevant aggregate operations planning costs.

Aggregate Planning Techniques is developed from the master schedule and the strategic capacity plan.

The Aggregate Operations Plan translates annual and quarterly business plans into broad labor and output plans for the .

The International Aggregate Planning Society (IAPS)has developed aggregate operations planning guidelines that are followed by a majority of manufacturing firms.

Order scheduling is the step in the Aggregate Operations Planning process that immediately follows material requirements planning.

rate fence is a logical justification for different prices for what is essentially the same service.

In an overview of the major operations planning activities in a typical logistics organization,which of the following activities follows aggregate sales and operations planning?

Operations and Supply Chain Management

Strategy and Sustainability

Forecasting

Strategic Capacity Management

PART-A: Learning Curves

Projects Manufacturing and Service Processes

Manufacturing Processes

PART-A: Break-Even Analysis

Service Processes

Material Requirements Planning

Quality Management and Six-Sigma Supply Chain Processes and Analytics

Inventory Management

Lean Supply Chains

Global Sourcing and Procurement

Location, Logistics and Distribution

Filters

Exam 8: Sales and Operations Planning

In conducting aggregate operations planning there are a number of required inputs.Which of the following are considered inputs internal to the firm?

Which of the following costs are relevant to aggregate operations planning?

From an operational perspective yield management is least effective under which of the following circumstances?

From an operational perspective yield management is least effective under which of the following circumstances?

The Aggregate Operations Planning variable "workforce level" refers to the number of workers needed to accomplish the planned production.

Which of the following is not one of the "number of interesting issues that arise in yield management?"

Firms facing cyclical demand fluctuations would be wise to introduce complementary products whose cycles are the same as their current products.

In aggregate operations planning the variable "production rate" refers to the number of units completed per unit of time.

Costs incurred in hiring,training and laying off personnel are considered relevant aggregate operations planning costs.

The widespread adoption of computing technology has led to the virtual abandonment of simple cut-and-try charting and graphical methods to develop aggregate operations plans.

The master production schedule is a crucial input into the Aggregate Operations Plan.

In conducting aggregate operations planning there are a number of required inputs.Which of the following are inputs considered external to the firm?

Backordering costs incurred in producing a given product type in a given time period are relevant aggregate operations planning costs.

Aggregate Planning Techniques is developed from the master schedule and the strategic capacity plan.

The Aggregate Operations Plan translates annual and quarterly business plans into broad labor and output plans for the .

The International Aggregate Planning Society (IAPS)has developed aggregate operations planning guidelines that are followed by a majority of manufacturing firms.

Order scheduling is the step in the Aggregate Operations Planning process that immediately follows material requirements planning.

rate fence is a logical justification for different prices for what is essentially the same service.

In an overview of the major operations planning activities in a typical logistics organization,which of the following activities follows aggregate sales and operations planning?

Operations and Supply Chain Management

Strategy and Sustainability

Forecasting

Strategic Capacity Management

PART-A: Learning Curves

Projects Manufacturing and Service Processes

Manufacturing Processes

PART-A: Break-Even Analysis

Service Processes

Material Requirements Planning

Quality Management and Six-Sigma Supply Chain Processes and Analytics

Inventory Management

Lean Supply Chains

Global Sourcing and Procurement

Location, Logistics and Distribution

Filters