Exam 11: Aggregate Planning and Master Scheduling

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What quantity is available for commitment to new customers in either of the first two periods?

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What are total costs for the six periods?

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Aggregate planning is intermediate-range capacity planning that typically covers a time horizon of one to three months.

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In the master production schedule, production is planned for the next period whenever the available-to-promise quantity becomes negative.

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Which of the following would not be a strategy associated with adjusting aggregate capacity to meet expected demand?

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The goal of aggregate planning is to achieve a production plan that attempts to balance the organization's resources and meet expected demand.

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Which of the following steps is necessary to ensure that a master schedule is valid?

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Given the projected demands for the next six months, prepare an aggregate plan that uses inventory, regular time and overtime, and backorders.The plan must wind up with no units in ending inventory in Period 6.Regular time capacity is 150 units per month.Overtime capacity is 20 units per month.Overtime cost is $30 per unit, backorder cost is $20 per unit, inventory holding cost is $5 per unit, regular time cost of $20 per unit, and beginning inventory is zero.

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Master schedulers are employed primarily by service organizations.

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Aggregate planning is used to establish general levels of employment, output, and inventories over an intermediate-range of time.

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One option for altering the pattern of demand is:

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Essentially, the output of aggregate planning is the:

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Aggregate planning requires which of the following information?

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Linear programming to produce an aggregate plan:

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Which of the following is an input to aggregate planning?

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Use either the transportation method or linear programming to develop an optimum aggregate plan, given the following data:

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Linear programming models yield the optimal solution.

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After the first period of the planning horizon, available-to-promise is computed only for those periods in which there is an MPS quantity.

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What is the projected on-hand inventory at the end of period 2?

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Accommodating peak demands and effectively using labor resources during periods of low demand would be the goal of aggregate planners in ....

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