Exam 13: Aggregate Scheduling

Eagle Fabrication has the following aggregate demand requirements and other data for the upcoming four quarters. Which of the following production plans is better: Plan A-chase demand by hiring and layoffs;or Plan B-produce at a constant rate of 1200 and obtain the remainder from overtime?

Which of the following characteristics makes revenue management UNATTRACTIVE to organizations that have perishable inventory?

A professional services firm is investigating revenue management as a means of taking advantage of unused capacity.Analysts for this firm estimate a demand curve for the firm's service,which is sold by the hour.Points on this demand curve include 9000 hours at the current rate of $60 per hour,9500 hours at $55,10,000 hours at $50,and 10,500 hours at $45.Based on this demand curve,what price point would be best for the firm,if its objective is maximum revenue?

What are successful techniques of controlling the cost of labor involved in service firms?

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

The aggregate planning process usually includes dispatching of individual jobs.

What is the typical time horizon for aggregate planning?

Osprey Fabrication has the following aggregate demand requirements and other data for the upcoming four quarters. Which of the following production plans is better: Plan A-chase demand by hiring and layoffs;Plan B-pure level strategy,or Plan C-1350 level with the remainder by subcontracting?

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

If a service firm were to attempt level scheduling for aggregate planning,should its level of output be at average demand,peak demand,or minimum demand?

What directly results from disaggregation of an aggregate plan?

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

________ for developing aggregate plans work with a few variables at a time and are easy to understand and use.

Which of the following is consistent with a pure chase strategy?

Compare the chase strategy versus level scheduling.

The objective of aggregate planning is usually to meet forecast demand while smoothing employment and driving down inventory levels over the planning period.

Aggregate planning for service firms that provide intangible output deals mainly with:

Which of the following is NOT one of the four things needed for aggregate planning?

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

Washington Laundry Products,Inc. ,makes commercial and industrial laundry machines (the kinds hotels use),and has these aggregate demand requirements for the next six months.The firm has regular capacity for 200 units,and overtime capacity for 40 more.Currently,subcontracting can supply up to 100 units per month,but the subcontracting firm may soon be unavailable. Which is cheaper: to produce level,incurring back orders and inventory charges;or to produce a base quantity of 120,using first,overtime,then subcontracting,to meet demand?