Exam 13: Aggregate Planning

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What are the capacity-based options in aggregate planning?

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Once you implement a new aggregate plan you must then:

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What are the difficulties associated with back orders?

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A company's ____________ plan is a statement of the resources available to the operations group during the next 6 to 18 months.

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A disadvantage of the level aggregate plan is _________________.

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.What type of aggregate plan sets labor and equipment capacity to satisfy demand each period?

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If you allocate scarce resources to customers at prices that maximize the yield to the company you are using:

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A primary objective of the master production schedule is to achieve the desired customer service level.

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In a level production plan,equipment capacity is set equal to

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Demand patterns cannot be smoothed through pricing incentives,reduced prices for out-of-season purchases,or nonprime service times.

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An advantage of the chase aggregate plan is ____________________________.

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The master production schedule is shared:

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What is it called when a publishing company has decided to send the technical information development elsewhere and have no in-house capability?

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What type of aggregate plan maintains a constant workforce and produces the same amount of product in each time period?

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Subcontracting has unattractive ________________________ effects.

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Briefly discuss a negative outcome of using a level production plan in a nontangible (service)organization.

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Develop a level aggregate plan using inventory and back orders (data given above). (a)What is the production rate per period? (b)No overtime is to be used.What is the required workforce level and how many workers are hired or fired at the beginning of period 1? (c)What is the maximum ending inventory and when does it occur? (d)What is the maximum amount of back orders and when does it occur? (e)What is the total cost? (f)What is the cost per unit?

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If the marketing plan does not meet the strategic business objectives,top management and marketing revise either the _________ or the ___________.

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In evaluating the current situation,the point of departure is the size of the change that is needed.

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An advantage of producing at average demand levels is that it allows for a lower investment in capacity.

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