Exam 10: Sales and Operations Planning Aggregate Planning

A home improvement store adds several workers to the garden center in the summer in order to meet the demands of do-it-yourselfers for their dazzling array of plants.Once gardening season is over,both the workers' jobs (and the plants they sold)will perish.The home improvement store is following an offloading strategy.

Tim subtracted his cash outflows for 2015 from his cash inflows for the same period to arrive at his ________.

The alternative production strategies of level,chase,or mixed that are available in top-down planning cannot be used in bottom-up planning.

A company has a sales forecast for the following five months as shown in the table.If they have a beginning inventory of 350 units,what amount should be produced under a level plan in order for them to have an ending inventory of zero units at the end of the five month period?

Sales and operations planning across a supply chain is similar in nature to collaborative planning,forecasting,and replenishment.

A company that makes the rocket widget has one machine capable of producing this unique item.The machine requires an attendant,who works 40 hours a week for $12 per hour and has made himself available for a maximum of 8 hours of overtime.It costs $20 per hour to run the machine and it is capable of producing 10,000 rocket widgets per hour.It is possible to outsource some production,as long as the total output is limited to less than ten percent of total output.The widgets sell for $10 per hundred and cost $1 per hundred in materials.If the production manager wishes to develop a sales and operations plans using an optimization model,which of the following statements is valid?

Last month a firm made 100 model A's using all of their available labor.If they have already taken orders for 150 model A's for next month,then their planning value must be 1.5.

At the beginning of the semester,you decide to devote 12 hours a week outside of class time to your operations management studies,regardless of scheduled tests,assignments,or project due dates.This is a level plan approach to your favorite course.