Exam 13: Aggregate Scheduling

A firm uses graphical techniques in its aggregate planning efforts.Over the next twelve months (its intermediate period),it estimates the sum of demands to be 105,000 units.The firm has 250 production days per year.In January,which has 22 production days,demand is estimated to be 11,000 units.A graph of demand versus level production will show that:

When developing an aggregate plan,one of the adjustable elements of capacity is the extent of subcontracting.

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

Among the mathematical approaches to aggregate planning,________ is good at working with inventories,holding costs,overtime,and subcontracting,but not with hiring and layoffs.

To make revenue management work,the company needs to manage what three issues?

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

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

Which of the following statements regarding aggregate planning in services is FALSE?

________ is an approach to determine the quantity and timing of production for the intermediate future.

Identify (a)the demand options for aggregate planning;and (b)the capacity (supply)options for aggregate planning.

Graphical techniques are easy to understand and use,but are not well-suited for generating optimal strategies.

Which of the following is NOT an input to S&OP?

What is the effort to plan the coordination of demand forecasts with functional areas of the firm and its supply chain?

Byron's Manufacturing makes tables.Demand for the next four months and capacities of the plant are shown in the table below.Unit cost on regular time is $40.Overtime cost is 150% of regular time cost.Subcontracting is available in substantial quantity at $75 per unit.Holding costs are $5 per table per month;back orders cost the firm $10 per unit per month.Byron's management believes that the transportation algorithm can be used to optimize this scheduling problem.The firm has 50 units of beginning inventory and anticipates no ending inventory. Answer the following questions based on the data table and solution table shown below. a.How many units will be produced on regular time in June? b.How many units will be produced by subcontracting over the four-month period? c.What will be the inventory at the end of April? d.What will be total production from all sources in April? e.What will be the total cost of the optimum solution? f.Does the firm utilize the expensive options of subcontracting and back ordering? When;why?

Techniques for controlling the cost of labor in services include accurate scheduling of labor hours to assure quick response to customer demand,on-call labor for unexpected demand,flexibility of labor skills for reallocation of available labor,and flexibility in rate of output or hours of work to meet changing demand.

A(n)________ is the result of the disaggregation of an aggregate plan.

An electronics manufacturer makes video security systems for parking lots.Demand estimates for the next four quarters are 15,9,23,and 17 units.The company is preparing an aggregate plan that uses inventory,regular time,overtime,and back orders.Subcontracting is not allowed.Regular time capacity is 12 units for quarters 1 and 2,15 units for quarters 3 and 4.Overtime capacity is 6 units per quarter.Regular time cost is $20,000 per system,while overtime cost is $30,000 per unit.Back order cost is $2000 per system per quarter;inventory holding cost is $500 per unit per quarter.Beginning inventory is zero. Complete the table of data inputs for solving this aggregate planning problem with the transportation method.Specifically,how many sources are there,and how many destinations? What is the supply from each source,and the demand of each destination? What is the cost of each source-destination pair?

Disaggregation:

A manufacturer of industrial seafood processing equipment wants you to develop an aggregate plan for the four quarters of the upcoming year using the following data on demand and capacity. a.Find the optimal plan using the transportation method. b.What is the cost of the plan? c.Does any regular time capacity go unused? How much in what periods? d.What capacity went unused in this solution? (List in detail. )

The ________ strategy sets production equal to forecasted demand.