Exam 13: Aggregate Planning

Calculate the total cost to meet the demand using a chase production plan with overtime. Once overtime is approved the workers are on the job 12 hours each day for the full period.

(Multiple Choice)

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Question 41

Companies that use back orders are asking their customers to ___________________.

(Multiple Choice)

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Question 42

UPS is a company that hires a very high number of __ and _ workers.

(Multiple Choice)

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Question 43

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

(Multiple Choice)

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Question 44

Which of the following is not an input to the aggregate planning process?

(Multiple Choice)

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Question 45

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

(True/False)

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Question 46

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

(Multiple Choice)

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Question 47

A disadvantage of the level aggregate plan is _________________.

(Multiple Choice)

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Question 48

An advantage of the chase aggregate plan is that it minimizes finished good holding costs.

(True/False)

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Question 49

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

(Multiple Choice)

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Question 50

Sam's dry cleaning store has 3 employees who fold the clothes. Each employee can fold 45 shirts every hour. Assuming a level aggregate program how many employees will Sam need if to meet a demand of 1600 shirts per day if everyone works an 8 hour shift?

(Multiple Choice)

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Question 51

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

(Short Answer)

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Question 52

The purpose of the aggregate plan is to develop production rates and authorize resources that accommodate the engineering plan.

(True/False)

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Question 53

Develop a chase aggregate plan without inventory and back orders. Use no undertime or subcontracting. When demand exceeds regular plus maximum overtime production, hire enough employees to meet demand, working as much overtime as possible. When demand is less than regular time production, fire just enough workers to avoid undertime (you may then use a minimal amount of overtime to get production back up to demand) (data given above). (a) What is the workforce at the end of the last period? How many total were hired? How many total were fired? (b) How many total units were produced using overtime? (c) What is the total cost? (d) What is the cost per unit?

(Essay)

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Question 54

Which of the following is not a primary objective of the master production schedule?

(Multiple Choice)

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Question 55

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

(True/False)

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Question 56

When evaluating the production plan you should use all but which of the following:

(Multiple Choice)

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Question 57

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

(True/False)

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Question 58

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

(True/False)

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Question 59

Once you implement a new aggregate plan you must then:

(Multiple Choice)

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Question 60

Showing 41 - 60 of 103

Calculate the total cost to meet the demand using a chase production plan with overtime. Once overtime is approved the workers are on the job 12 hours each day for the full period.

Companies that use back orders are asking their customers to ___________________.

UPS is a company that hires a very high number of __ and _ workers.

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

Which of the following is not an input to the aggregate planning process?

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

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

A disadvantage of the level aggregate plan is _________________.

An advantage of the chase aggregate plan is that it minimizes finished good holding costs.

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

Sam's dry cleaning store has 3 employees who fold the clothes. Each employee can fold 45 shirts every hour. Assuming a level aggregate program how many employees will Sam need if to meet a demand of 1600 shirts per day if everyone works an 8 hour shift?

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

The purpose of the aggregate plan is to develop production rates and authorize resources that accommodate the engineering plan.

Which of the following is not a primary objective of the master production schedule?

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

When evaluating the production plan you should use all but which of the following:

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

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

Once you implement a new aggregate plan you must then:

Introduction to Operations Management

Operations Strategy and Competitiveness

Product Design and Process Selection

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

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

Calculate the total cost to meet the demand using a chase production plan with overtime. Once overtime is approved the workers are on the job 12 hours each day for the full period.

Companies that use back orders are asking their customers to ___________________.

UPS is a company that hires a very high number of __________ and _________ workers.

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

Which of the following is not an input to the aggregate planning process?

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

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

A disadvantage of the level aggregate plan is _________________.

An advantage of the chase aggregate plan is that it minimizes finished good holding costs.

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

Sam's dry cleaning store has 3 employees who fold the clothes. Each employee can fold 45 shirts every hour. Assuming a level aggregate program how many employees will Sam need if to meet a demand of 1600 shirts per day if everyone works an 8 hour shift?

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

The purpose of the aggregate plan is to develop production rates and authorize resources that accommodate the engineering plan.

Which of the following is not a primary objective of the master production schedule?

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

When evaluating the production plan you should use all but which of the following:

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

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

Once you implement a new aggregate plan you must then:

Introduction to Operations Management

Operations Strategy and Competitiveness

Product Design and Process Selection

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

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

UPS is a company that hires a very high number of __ and _ workers.