Question 1

Which choice below best describes the counterseasonal demand option?

Accepted Answer

A) producing such products as lawnmowers and sunglasses during the winter 
B) developing a mix of products that smoothes out their demands 
C) lowering prices when demand is slack 
D) using subcontractors only when demand is excessive 
E) the breaking of the aggregate plan into finer levels of detail 
A) producing such products as lawnmowers and sunglasses during the winter 
B) developing a mix of products that smoothes out their demands 
C) lowering prices when demand is slack 
D) using subcontractors only when demand is excessive 
E) the breaking of the aggregate plan into finer levels of detail

Question 2

Identify some mathematical approaches to aggregate planning.Which are optimizing? Which are heuristic?

Accepted Answer

Some mathematical approaches to aggregat

Question 3

The aggregate planning process usually includes expediting and dispatching of individual products.

Accepted Answer

A) True 
 B)False

Question 4

Plans for new product development generally fall within the scope of aggregate planning.

Accepted Answer

A) True 
 B)False

Question 5

Which choice best describes level scheduling?

Accepted Answer

A) Daily production is variable from period to period. 
B) Subcontracting,hiring,and layoffs manipulate supply. 
C) Price points are calculated to match demand to capacity. 
D) Inventory goes up or down to buffer the difference between demand and production. 
E) Seasonal demand fluctuations are matched without hirings or layoffs. 
A) Daily production is variable from period to period. 
B) Subcontracting,hiring,and layoffs manipulate supply. 
C) Price points are calculated to match demand to capacity. 
D) Inventory goes up or down to buffer the difference between demand and production. 
E) Seasonal demand fluctuations are matched without hirings or layoffs.

Question 6

Industries in which quadrant of the Yield Management Matrix are traditionally associated with revenue management? (In other words,in which quadrant are yield management techniques easiest to apply?)

Accepted Answer

A) use tends to be predictable and price tends to be fixed 
B) use tends to be predictable and price tends to be variable 
C) use tends to be uncertain and price tends to be fixed 
D) use tends to be uncertain and price tends to be variable 
E) use tends to be unpredictable and price tends to be semi-fixed 
A) use tends to be predictable and price tends to be fixed 
B) use tends to be predictable and price tends to be variable 
C) use tends to be uncertain and price tends to be fixed 
D) use tends to be uncertain and price tends to be variable 
E) use tends to be unpredictable and price tends to be semi-fixed

Question 7

A large consulting firm is deciding on if its workforce should be expanded,maintained,or decreased.Suppose that demand is given in week long projects,and that a consultant can work on 3 projects each month (1 week off for personal leave and/or other duties such as conferences,etc. ).Currently there are 25 consultants.Ten consultants are trained for LEAN and 15 for Six Sigma,with 5 of those consultants being overlaps (the consultant is trained for BOTH LEAN and Six Sigma).Assume that all consultants can do the general work.Complete the table (the forecast period is an upcoming month)and prepare a recommendation.

Accepted Answer

@#IMG-DLM& NOTE: Student responses will vary but s

Question 8

Which of the following aggregate planning strategies is a "capacity option"?

Accepted Answer

A) influencing demand by changing price 
B) counterseasonal product mixing 
C) influencing demand by extending lead times 
D) changing inventory levels 
E) influencing demand by back ordering 
A) influencing demand by changing price 
B) counterseasonal product mixing 
C) influencing demand by extending lead times 
D) changing inventory levels 
E) influencing demand by back ordering

Question 9

The ________ strategy maintains a constant output rate,or work force level,over the planning horizon.

Accepted Answer

The answer of The ________ strategy maintains a constant output...

Question 10

A firm uses the pure chase strategy of aggregate planning.It produced 1000 units in the last period.Demand in the next period is estimated at 800,and demand over the next six periods (its aggregate planning horizon)is estimated to average 900 units.In following the chase strategy,the firm will

Accepted Answer

A) add 100 units to inventory in the next period. 
B) add 200 units to inventory in the next period. 
C) hire workers to match the 100 unit difference. 
D) lay off workers to match the 200 unit difference. 
E) implement a lower price point to increase demand. 
A) add 100 units to inventory in the next period. 
B) add 200 units to inventory in the next period. 
C) hire workers to match the 100 unit difference. 
D) lay off workers to match the 200 unit difference. 
E) implement a lower price point to increase demand.

Question 11

Yield management is most likely to be used in which one of the following situations?

Accepted Answer

A) a fast food restaurant with wide demand fluctuations during the day 
B) a dental clinic that wants to fill its appointment book 
C) a firm with a good counterseasonal product mix 
D) a shipping company that can change its fleet size easily 
E) an airline attempting to fill "perishable" seats at maximum revenue 
A) a fast food restaurant with wide demand fluctuations during the day 
B) a dental clinic that wants to fill its appointment book 
C) a firm with a good counterseasonal product mix 
D) a shipping company that can change its fleet size easily 
E) an airline attempting to fill "perishable" seats at maximum revenue

Question 12

Which of the following is not an advantage of level scheduling?

Accepted Answer

A) stable employment 
B) lower absenteeism 
C) matching production exactly with sales 
D) lower turnover 
E) more employee commitment 
A) stable employment 
B) lower absenteeism 
C) matching production exactly with sales 
D) lower turnover 
E) more employee commitment

Question 13

Which of the following is not consistent with a pure level strategy?

Accepted Answer

A) varying the use of subcontracting 
B) finding alternative work for employees during low-demand periods 
C) using built-up inventory to meet demand requirements 
D) varying production levels and/or work force to meet demand requirements 
E) increasing the use of inventory to meet demand requirements 
A) varying the use of subcontracting 
B) finding alternative work for employees during low-demand periods 
C) using built-up inventory to meet demand requirements 
D) varying production levels and/or work force to meet demand requirements 
E) increasing the use of inventory to meet demand requirements

Question 14

Which of the following statements regarding aggregate planning is true?

Accepted Answer

A) In a pure level strategy,production rates or work force levels are adjusted to match demand requirements over the planning horizon. 
B) A pure level strategy allows lower inventories when compared to pure chase and hybrid strategies. 
C) In a mixed strategy,there are changes in both inventory and in work force and production rate over the planning horizon. 
D) Because service firms have no inventory,the pure chase strategy does not apply. 
E) It turns the material requirements plan into the aggregate plan. 
A) In a pure level strategy,production rates or work force levels are adjusted to match demand requirements over the planning horizon. 
B) A pure level strategy allows lower inventories when compared to pure chase and hybrid strategies. 
C) In a mixed strategy,there are changes in both inventory and in work force and production rate over the planning horizon. 
D) Because service firms have no inventory,the pure chase strategy does not apply. 
E) It turns the material requirements plan into the aggregate plan.

Question 15

What directly results from disaggregation of an aggregate plan?

Accepted Answer

A) a master production schedule 
B) priority scheduling 
C) a transportation matrix 
D) a capacity-demand matrix 
E) detailed work schedules 
A) a master production schedule 
B) priority scheduling 
C) a transportation matrix 
D) a capacity-demand matrix 
E) detailed work schedules

Question 16

What is the purpose of aggregate planning? Describe some demand and capacity options for implementing plans.

Accepted Answer

Aggregate planning is the determination

Question 17

Controlling the cost of labour in services involves quick response to consumer demand,on-call labour for unexpected demand,flexibility of labour for reallocation,and flexibility of hours or rate of output of individual workers.

Accepted Answer

A) True 
 B)False

Question 18

________ is a complex aggregate planning technique,using models that may be difficult to build and for managers to understand.

Accepted Answer

The answer of ________ is a complex aggregate planning technique,using...

Question 19

Which of these is not a characteristic that makes yield management attractive to organizations that have perishable inventory?

Accepted Answer

A) demand can be segmented 
B) service can be sold in advance of consumption 
C) capacity is easily changed 
D) variable costs are low and fixed costs are high 
E) demand fluctuates 
A) demand can be segmented 
B) service can be sold in advance of consumption 
C) capacity is easily changed 
D) variable costs are low and fixed costs are high 
E) demand fluctuates

Question 20

What four things are needed to develop an aggregate plan?

Accepted Answer

To develop an aggregate plan,you need a

Exam 13: Aggregate Planning

Which choice below best describes the counterseasonal demand option?

Identify some mathematical approaches to aggregate planning.Which are optimizing? Which are heuristic?

The aggregate planning process usually includes expediting and dispatching of individual products.

Plans for new product development generally fall within the scope of aggregate planning.

Which choice best describes level scheduling?

Industries in which quadrant of the Yield Management Matrix are traditionally associated with revenue management? (In other words,in which quadrant are yield management techniques easiest to apply?)

Which of the following aggregate planning strategies is a "capacity option"?

The ________ strategy maintains a constant output rate,or work force level,over the planning horizon.

A firm uses the pure chase strategy of aggregate planning.It produced 1000 units in the last period.Demand in the next period is estimated at 800,and demand over the next six periods (its aggregate planning horizon)is estimated to average 900 units.In following the chase strategy,the firm will

Yield management is most likely to be used in which one of the following situations?

Which of the following is not an advantage of level scheduling?

Which of the following is not consistent with a pure level strategy?

Which of the following statements regarding aggregate planning is true?

What directly results from disaggregation of an aggregate plan?

What is the purpose of aggregate planning? Describe some demand and capacity options for implementing plans.

Controlling the cost of labour in services involves quick response to consumer demand,on-call labour for unexpected demand,flexibility of labour for reallocation,and flexibility of hours or rate of output of individual workers.

________ is a complex aggregate planning technique,using models that may be difficult to build and for managers to understand.

Which of these is not a characteristic that makes yield management attractive to organizations that have perishable inventory?

What four things are needed to develop an aggregate plan?

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

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