Exam 13: Aggregate Planning

Aggregate planning would entail which of the following production aspects at BMW for a 12 month period?

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

Which of the following aggregate planning strategies is known to lower employee morale?

What is the typical planning horizon for aggregate planning?

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

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

How does aggregate planning in services differ from aggregate planning in manufacturing?

The management coefficients model is a formal planning model built around a manager's experience and performance.

Fairview Industries is preparing its aggregate plan for the second half of the year.The table below contains monthly demand estimates and working days per month.Complete the table by computing total demand,demand per day (for each month),and the average requirement (in units per day)over the six-month planning horizon.Prepare a graph of forecast demand and level production,by months,for the planning period.Label your graph carefully.

Identify some firms that provide yield management software.

An electronics manufacturer makes video security systems for parking lots.Demand estimates for the next four quarters are 15,9,23,and 17 units.Prepare 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?

________ is a capacity option that works especially well in the service sector where labour needs are relatively unskilled.

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

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.

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

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

Explain the fundamental difference between the "capacity options" and the "demand options" of aggregate planning strategies.

Fred's 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-700 level with the remainder by subcontracting?

Compare the chase versus level strategy options.

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