Question 1

When a company's product is nontangible (a service),which of the following is no longer a viable option?

Accepted Answer

A) hiring permanent employees 
B) subcontracting 
C) inventory 
D) working overtime 
E) increasing normal capacity 
A) hiring permanent employees 
B) subcontracting 
C) inventory 
D) working overtime 
E) increasing normal capacity

Question 2

A demand-based option in which the operations department uses inventories and back orders to react to demand fluctuations is called

Accepted Answer

A) hyperactive 
B) inactive 
C) proactive 
D) reactive 
E) retroactive 
A) hyperactive 
B) inactive 
C) proactive 
D) reactive 
E) retroactive

Question 3

The financial plan indicates the sources and uses of funds,expected cash flows,anticipated profits and projected budgets.

Accepted Answer

A) True 
 B)False

Question 4

Aggregate planning,master production scheduling,and rough-cut capacity affect a select area of the organization.

Accepted Answer

A) True 
 B)False

Question 5

During overtime worker productivity increases due to the increase salary received

Accepted Answer

A) True 
 B)False

Question 6

A difficulty with back orders,even when the customer waits,can be ________________.

Accepted Answer

A) finding space to store the product 
B) extra administrative costs 
C) added inventory holding costs 
D) possible deterioration of the product 
E) that other customers will want back orders also 
A) finding space to store the product 
B) extra administrative costs 
C) added inventory holding costs 
D) possible deterioration of the product 
E) that other customers will want back orders also

Question 7

The comparison of aggregate plans is difficult when they produce different quantities and have different ending inventories.

Accepted Answer

A) True 
 B)False

Question 8

The comparison of aggregate plans is difficult when they produce different quantities and thus _________.

Accepted Answer

A) have different ending inventories 
B) have different staffing levels 
C) have different amounts of overtime 
D) have different amounts of subcontracting 
E) have different revenues 
A) have different ending inventories 
B) have different staffing levels 
C) have different amounts of overtime 
D) have different amounts of subcontracting 
E) have different revenues

Question 9

A master production schedule is more specific (tactical)than an aggregate plan.

Accepted Answer

A) True 
 B)False

Question 10

In a level production plan,if you do not allow backorders,you will need to ensure the _____ is sufficient to meet the average demand.

Accepted Answer

The answer of In a level production plan,if you do...

Question 11

Sales and operations planning integrates the medium-range functional plans for all except which of the following?

Accepted Answer

A) marketing 
B) operations 
C) human resources 
D) engineering 
E) finance 
A) marketing 
B) operations 
C) human resources 
D) engineering 
E) finance

Question 12

Using a chase strategy with the following 4 month demand and starting employee count,how many employees will be fired and how many will be hired if each employee can fix 20 engines per period? November = 1920 Starting Employee Count = 90
December = 2160
January = 1440
February = 1200

Accepted Answer

A) 12,12 
B) 12,14 
C) 13,16 
D) 18,48 
E) 14,14 
A) 12,12 
B) 12,14 
C) 13,16 
D) 18,48 
E) 14,14

Question 13

Calculate the total cost to meet the demand using a chase production plan without using overtime.

Accepted Answer

A) $72,960 
B) $73,460 
C) $73,660 
D) $76,800 
E) $77,175 
A) $72,960 
B) $73,460 
C) $73,660 
D) $76,800 
E) $77,175

Question 14

Which of the following is an advantage of producing at average demand levels?

Accepted Answer

A) inventory fluctuates 
B) allows for a lower investment in capacity 
C) minimizes space needs for inventory 
D) minimizes finished good holding costs 
E) makes it difficult to calculate average production 
A) inventory fluctuates 
B) allows for a lower investment in capacity 
C) minimizes space needs for inventory 
D) minimizes finished good holding costs 
E) makes it difficult to calculate average production

Question 15

The goal of developing an aggregate plan using composite product information is:

Accepted Answer

A) group like things together 
B) reduce the number of calculations 
C) keep it simple for senior management 
D) help marketing plan 
E) provide detail reports 
A) group like things together 
B) reduce the number of calculations 
C) keep it simple for senior management 
D) help marketing plan 
E) provide detail reports

Question 16

All of the following are detailed by the aggregate plan except for?

Accepted Answer

A) purchases of components from vendors 
B) the aggregate production rate 
C) subcontracting 
D) the amount of overtime authorized 
E) back ordering of customer orders 
A) purchases of components from vendors 
B) the aggregate production rate 
C) subcontracting 
D) the amount of overtime authorized 
E) back ordering of customer orders

Question 17

Which of the following is not typically contained in the marketing plan?

Accepted Answer

A) product design 
B) target markets 
C) new products 
D) profit margin 
E) competitive focus 
A) product design 
B) target markets 
C) new products 
D) profit margin 
E) competitive focus

Question 18

Overtime is the most common method for increasing output capacity.

Accepted Answer

A) True 
 B)False

Question 19

Accounting uses the aggregate plan for all the following except:

Accepted Answer

A) projecting cash flows 
B) making short term loans 
C) calculating the capital needed to support operations 
D) projecting earnings 
E) benchmarking operation effectiveness 
A) projecting cash flows 
B) making short term loans 
C) calculating the capital needed to support operations 
D) projecting earnings 
E) benchmarking operation effectiveness

Question 20

In proactive option demand-based aggregate planning,marketing tries to _____ the _____ pattern.

Accepted Answer

The answer of In proactive option demand-based aggregate planning,marketing tries...

When a company's product is nontangible (a service),which of the following is no longer a viable option?

A demand-based option in which the operations department uses inventories and back orders to react to demand fluctuations is called

The financial plan indicates the sources and uses of funds,expected cash flows,anticipated profits and projected budgets.

Aggregate planning,master production scheduling,and rough-cut capacity affect a select area of the organization.

During overtime worker productivity increases due to the increase salary received

A difficulty with back orders,even when the customer waits,can be ________________.

The comparison of aggregate plans is difficult when they produce different quantities and have different ending inventories.

The comparison of aggregate plans is difficult when they produce different quantities and thus _________.

A master production schedule is more specific (tactical)than an aggregate plan.

In a level production plan,if you do not allow backorders,you will need to ensure the _____ is sufficient to meet the average demand.

Sales and operations planning integrates the medium-range functional plans for all except which of the following?

Using a chase strategy with the following 4 month demand and starting employee count,how many employees will be fired and how many will be hired if each employee can fix 20 engines per period? November = 1920 Starting Employee Count = 90 December = 2160 January = 1440 February = 1200

Calculate the total cost to meet the demand using a chase production plan without using overtime.

Which of the following is an advantage of producing at average demand levels?

The goal of developing an aggregate plan using composite product information is:

All of the following are detailed by the aggregate plan except for?

Which of the following is not typically contained in the marketing plan?

Overtime is the most common method for increasing output capacity.

Accounting uses the aggregate plan for all the following except:

In proactive option demand-based aggregate planning,marketing tries to _ the _ pattern.

Introduction to Operations

Operations Strategy and Competitiveness

Product Design and Process Selection

E-Commerce and Supply Chain Management

Total Quality Management

Statistical Quality Control

Just-In-Time and Lean Systems

Forecasting

Capacity Planning and Facility Location

Facility Layout

Work System Design

Independent Demand Inventory Management

Resource Planning

Scheduling

Project Management

Spreadsheet Modeling: an Introduction

Introduction to Optimization

Waiting Line Models

Master Scheduling and Rough-Cut Capacity Planning

Filters

Exam 13: Aggregate Planning

When a company's product is nontangible (a service),which of the following is no longer a viable option?

A demand-based option in which the operations department uses inventories and back orders to react to demand fluctuations is called

The financial plan indicates the sources and uses of funds,expected cash flows,anticipated profits and projected budgets.

Aggregate planning,master production scheduling,and rough-cut capacity affect a select area of the organization.

During overtime worker productivity increases due to the increase salary received

A difficulty with back orders,even when the customer waits,can be ________________.

The comparison of aggregate plans is difficult when they produce different quantities and have different ending inventories.

The comparison of aggregate plans is difficult when they produce different quantities and thus _________.

A master production schedule is more specific (tactical)than an aggregate plan.

In a level production plan,if you do not allow backorders,you will need to ensure the _____ is sufficient to meet the average demand.

Sales and operations planning integrates the medium-range functional plans for all except which of the following?

Using a chase strategy with the following 4 month demand and starting employee count,how many employees will be fired and how many will be hired if each employee can fix 20 engines per period? November = 1920 Starting Employee Count = 90 December = 2160 January = 1440 February = 1200

Calculate the total cost to meet the demand using a chase production plan without using overtime.

Which of the following is an advantage of producing at average demand levels?

The goal of developing an aggregate plan using composite product information is:

All of the following are detailed by the aggregate plan except for?

Which of the following is not typically contained in the marketing plan?

Overtime is the most common method for increasing output capacity.

Accounting uses the aggregate plan for all the following except:

In proactive option demand-based aggregate planning,marketing tries to _____ the _____ pattern.

Introduction to Operations

Operations Strategy and Competitiveness

Product Design and Process Selection

E-Commerce and Supply Chain Management

Total Quality Management

Statistical Quality Control

Just-In-Time and Lean Systems

Forecasting

Capacity Planning and Facility Location

Facility Layout

Work System Design

Independent Demand Inventory Management

Resource Planning

Scheduling

Project Management

Spreadsheet Modeling: an Introduction

Introduction to Optimization

Waiting Line Models

Master Scheduling and Rough-Cut Capacity Planning

Filters

In proactive option demand-based aggregate planning,marketing tries to _ the _ pattern.