Question 1

Developing a mix of ________ products is a widely used demand smoothing technique.

Accepted Answer

counterseasonal

Question 2

How does "yield management" impact the aggregate plan?

Accepted Answer

Yield management adds another set of decisions to the aggregate plan,to capacity planning,and to scheduling.However,of these yield management issues,the aggregate plan may be the one least affected.Auto rental companies,airlines,and hotels now all vary "inventory" (autos,seats,rooms)and prices to reflect ways to maximize their yield (profit).Lead time (vacationers price shop more and are willing to do so earlier),days of the week,seasons,holidays,and conventions all impact the yield.In many cases,the aggregate supply is the least affected.

Question 3

Which of these is among the demand options of aggregate planning?

Accepted Answer

A) subcontracting 
B) back-ordering during high-demand periods 
C) changing inventory levels 
D) varying workforce size 
E) varying production rates 
A) subcontracting 
B) back-ordering during high-demand periods 
C) changing inventory levels 
D) varying workforce size 
E) varying production rates B

Question 4

What conditions make yield management of interest?

Accepted Answer

The following conditions make yield mana

Question 5

In aggregate planning,which one of the following is not a basic option for altering demand?

Accepted Answer

A) promotion 
B) subcontracting 
C) back ordering 
D) pricing 
E) level scheduling 
A) promotion 
B) subcontracting 
C) back ordering 
D) pricing 
E) level scheduling

Question 6

What is disaggregation?

Accepted Answer

Disaggregation is th

Question 7

Compare the chase versus level strategy options.

Accepted Answer

The chase strategy sets production equal

Question 8

The textbook illustrates demand management in the form of price cuts or discounts.Can demand manipulation for aggregate planning involve price increases? Explain;provide an example.

Accepted Answer

The text did allude to price increases w

Question 9

Why do some firms have longer planning horizons than others?

Accepted Answer

Aggregate planning is usually considered

Question 10

A firm practices the pure chase strategy.Production last quarter was 1000.Demand over the next four quarters is estimated to be 900,700,1000,and 1000.Hiring cost is $20 per unit,and firing cost is $5 per unit.Over the next year,the sum of hiring and layoff costs will be

Accepted Answer

A) $500. 
B) $2,500. 
C) $7,500. 
D) $7,000. 
E) $12,500. 
A) $500. 
B) $2,500. 
C) $7,500. 
D) $7,000. 
E) $12,500.

Question 11

Describe the advantages and limitations of the graphical method of aggregate planning.

Accepted Answer

Advantages include that it is easy to un

Question 12

Frito-Lay uses aggregate planning to match capacity with demand because of the ________ associated with its specialized processes.

Accepted Answer

A) high variable cost and high fixed cost 
B) high variable cost and low fixed cost 
C) low variable cost and high fixed cost 
D) low variable cost and low fixed cost 
E) average variable cost and medium fixed cost 
A) high variable cost and high fixed cost 
B) high variable cost and low fixed cost 
C) low variable cost and high fixed cost 
D) low variable cost and low fixed cost 
E) average variable cost and medium fixed cost

Question 13

Aggregate planning in manufacturing ties organizational strategic goals to a production plan.

Accepted Answer

A) True 
 B)False

Question 14

Most people would argue that a service firm must follow chase or mixed strategies.On the other hand,most state agencies,which are clearly service-oriented,are not at all able to "chase" demand.Discuss how they manipulate demand to allow the level strategy to be used.

Accepted Answer

This is a critical-thinking item for stu

Question 15

Dependence on an external source of supply is found in which of the following aggregate planning strategies?

Accepted Answer

A) varying production rates through overtime or idle time 
B) subcontracting 
C) using part-time workers 
D) back ordering during high demand periods 
E) hiring and laying off 
A) varying production rates through overtime or idle time 
B) subcontracting 
C) using part-time workers 
D) back ordering during high demand periods 
E) hiring and laying off

Question 16

A hotel room that goes unrented,a dental appointment that no patient booked,and an airline seat that went unsold,are all examples of ________ in services inventory.

Accepted Answer

The answer of A hotel room that goes unrented,a dental...

Question 17

Which of the following is not associated with manipulation of product or service demand?

Accepted Answer

A) price cuts or discounts 
B) promotion 
C) subcontracting 
D) counterseasonal products or services 
E) advertising 
A) price cuts or discounts 
B) promotion 
C) subcontracting 
D) counterseasonal products or services 
E) advertising

Question 18

Disaggregation

Accepted Answer

A) breaks the aggregate plan into greater detail. 
B) transforms the master production schedule into an aggregate plan. 
C) calculates the optimal price points for yield management. 
D) converts product schedules and labour assignments to a facility-wide plan. 
E) is an assumption required for the use of the transportation model in aggregate planning. 
A) breaks the aggregate plan into greater detail. 
B) transforms the master production schedule into an aggregate plan. 
C) calculates the optimal price points for yield management. 
D) converts product schedules and labour assignments to a facility-wide plan. 
E) is an assumption required for the use of the transportation model in aggregate planning.

Question 19

A manufacturing plant has created the following forecast and would like to apply a graphical aggregate planning method.Complete the table and calculate the difference between Jan.'s forecast demand per working day vs a level production model for the entire period?

Accepted Answer

@#IMG-DLM& Total expected demand/ Total # working

Question 20

Which of the following attempts to manipulate product or service demand?

Accepted Answer

A) inventories 
B) part-time workers 
C) subcontracting 
D) overtime/idle time 
E) price cuts 
A) inventories 
B) part-time workers 
C) subcontracting 
D) overtime/idle time 
E) price cuts

Exam 13: Aggregate Planning

Developing a mix of ________ products is a widely used demand smoothing technique.

How does "yield management" impact the aggregate plan?

Which of these is among the demand options of aggregate planning?

What conditions make yield management of interest?

In aggregate planning,which one of the following is not a basic option for altering demand?

What is disaggregation?

Compare the chase versus level strategy options.

The textbook illustrates demand management in the form of price cuts or discounts.Can demand manipulation for aggregate planning involve price increases? Explain;provide an example.

Why do some firms have longer planning horizons than others?

A firm practices the pure chase strategy.Production last quarter was 1000.Demand over the next four quarters is estimated to be 900,700,1000,and 1000.Hiring cost is $20 per unit,and firing cost is $5 per unit.Over the next year,the sum of hiring and layoff costs will be

Describe the advantages and limitations of the graphical method of aggregate planning.

Frito-Lay uses aggregate planning to match capacity with demand because of the ________ associated with its specialized processes.

Aggregate planning in manufacturing ties organizational strategic goals to a production plan.

Most people would argue that a service firm must follow chase or mixed strategies.On the other hand,most state agencies,which are clearly service-oriented,are not at all able to "chase" demand.Discuss how they manipulate demand to allow the level strategy to be used.

Dependence on an external source of supply is found in which of the following aggregate planning strategies?

A hotel room that goes unrented,a dental appointment that no patient booked,and an airline seat that went unsold,are all examples of ________ in services inventory.

Which of the following is not associated with manipulation of product or service demand?

Disaggregation

A manufacturing plant has created the following forecast and would like to apply a graphical aggregate planning method.Complete the table and calculate the difference between Jan.'s forecast demand per working day vs a level production model for the entire period?

Which of the following attempts to manipulate product or service demand?

Operations and Productivity

Operations Strategy in a Global Environment

Project Management

Forecasting

Design of Goods and Services

Managing Quality

Statistical Process Control

Process Strategy and Sustainability

Capacity and Constraint Management

Location Strategies

Layout Strategies

Human Resources,job Design,and Work Measurement

Supply-Chain Management

Outsourcing As a Supply-Chain Strategy

Inventory Management

Material Requirements Planning Mrpand Erp

Short-Term Scheduling

Jit and Lean Operations

Maintenance and Reliability

Decision-Making Tools

Linear Programming

Transportation Models

Waiting-Line Models

Learning Curves

Simulation

Filters