Exam 13: Aggregate Scheduling

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Because service firms do not inventory their output,a pure chase strategy is not appropriate.

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Describe the advantages and limitations of the transportation method for aggregate planning.

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Aggregate planning for fast food restaurants is very similar to aggregate planning in manufacturing,but with much smaller units of time.

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Revenue (or yield)management is best described as:

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Which of the following statements regarding aggregate planning is TRUE?

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What is a disadvantage common to the following two strategies: (1)varying inventory levels and (2)back ordering during periods of high demand?

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What is disaggregation?

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"An optimal plan for minimizing the cost of allocating capacity to meet demand over several planning periods" best describes which of the following?

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

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Aggregate planning occurs over the medium or intermediate future of 3 to 18 months.

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A firm practices a 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 layoff cost is $5 per unit.Over the next year,what will be the sum of hiring and layoff costs?

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One of the demand options of aggregate planning is to vary the workforce by hiring or layoffs.

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Top executives tend to focus their attention on which type of forecasts?

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

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Which of the following would most likely fall under the scope of only an operations manager?

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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.

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