Question 1

What is the projected on hand inventory at the end of period 2?

Accepted Answer

A)   21
B)   1
C)   12
D)   20
E)   Impossible to say without more informationF) A) and B)
G) B) and E)

Question 2

Which of the following is not true about the transportation model as an approach to aggregate operations planning?

Accepted Answer

A)   It can only be used when there is no hiring or laying off.
B)   It is more complex to solve than a linear programming model.
C)   It requires capacity and cost information.
D)   It assumes linear terms and relationships among variables.
E)   All of the choices are true.F) A) and D)
G) B) and E)

Question 3

An advantage of a "chase" strategy in aggregate operations planning is that inventories can be kept relatively low.

Accepted Answer

A) True 
 B)False

Question 4

Aggregate operations planning requires which of the following information?
I.A forecast of expected demand
II.Current levels of inventory
III.Policies regarding employment

Accepted Answer

A)   I only
B)   II only
C)   III only
D)   I and II only
E)   I, II, and IIIF) B) and E)
G) B) and C)

Question 5

Which of the following would not be a strategy associated with adjusting aggregate capacity to meet expected demand?

Accepted Answer

A)   Hiring part time workers
B)   Vary the size of the workforce
C)   Use overtime to increase workforce utilization
D)   Allow inventory levels to vary
E)   Use backordersF) C) and D)
G) A) and C)

Question 6

That portion of projected inventory which enables marketing to make realistic commitments about delivery dates for new orders is:

Accepted Answer

A)   beginning inventory.
B)   safety stock inventory.
C)   available-to-promise inventory.
D)   marketable inventory.
E)   None of the choices.F) A) and D)
G) A) and C)

Question 7

A "chase" demand strategy in aggregate operations planning would be attempting to match capacity and demand,period by period.

Accepted Answer

A) True 
 B)False

Question 8

What quantity is available for commitment to new customers prior to the receipt of the production quantity in week 3?

Accepted Answer

A)   14
B)   32
C)   12
D)   20
E)   Impossible to say without additional informationF) C) and E)
G) A) and B)

Question 9

Yield management involves varying the prices of services based on capacity availability to maximize revenue.

Accepted Answer

A) True 
 B)False

Question 10

Master production schedules are often divided into three zones:
 the emergency,trading,and planning zones.

Accepted Answer

A) True 
 B)False

Question 11

In order to use the "level output/workforce strategy",variations in demand are met by:

Accepted Answer

A)   varying output during regular time without changing employment levels.
B)   keeping output level by changing workforce levels.
C)   relying on overtime to adjust capacity.
D)   using some combination of inventories, subcontracting and back orders.
E)   All of the choices.F) A) and D)
G) A) and C)

Exam 13: Aggregate Operations Planning

Which of the following would not be a strategy associated with adjusting aggregate capacity to meet expected demand?

Correct Answer
verified

Which of the following is not true about the transportation model as an approach to aggregate operations planning?

Correct Answer
verified

Aggregate operations planning requires which of the following information? I.A forecast of expected demand II.Current levels of inventory III.Policies regarding employment

Correct Answer
verified

What is the projected on hand inventory at the end of period 2?

Correct Answer
verified

An advantage of a "chase" strategy in aggregate operations planning is that inventories can be kept relatively low.

Correct Answer
verified

A "chase" demand strategy in aggregate operations planning would be attempting to match capacity and demand,period by period.

Correct Answer
verified

Master production schedules are often divided into three zones: the emergency,trading,and planning zones.

Correct Answer
verified

What quantity is available for commitment to new customers prior to the receipt of the production quantity in week 3?

Correct Answer
verified

In order to use the "level output/workforce strategy",variations in demand are met by:

Correct Answer
verified

Yield management involves varying the prices of services based on capacity availability to maximize revenue.

Correct Answer
verified

That portion of projected inventory which enables marketing to make realistic commitments about delivery dates for new orders is:

Correct Answer
verified

Exam 13: Aggregate Operations Planning

Which of the following would not be a strategy associated with adjusting aggregate capacity to meet expected demand?

Correct AnswerverifiedShow Answer

Which of the following is not true about the transportation model as an approach to aggregate operations planning?

Correct AnswerverifiedShow Answer

Aggregate operations planning requires which of the following information? I.A forecast of expected demand II.Current levels of inventory III.Policies regarding employment

Correct AnswerverifiedShow Answer

What is the projected on hand inventory at the end of period 2?

Correct AnswerverifiedShow Answer

An advantage of a "chase" strategy in aggregate operations planning is that inventories can be kept relatively low.

Correct AnswerverifiedShow Answer

A "chase" demand strategy in aggregate operations planning would be attempting to match capacity and demand,period by period.

Correct AnswerverifiedShow Answer

Master production schedules are often divided into three zones: the emergency,trading,and planning zones.

Correct AnswerverifiedShow Answer

What quantity is available for commitment to new customers prior to the receipt of the production quantity in week 3?

Correct AnswerverifiedShow Answer

In order to use the "level output/workforce strategy",variations in demand are met by:

Correct AnswerverifiedShow Answer

Yield management involves varying the prices of services based on capacity availability to maximize revenue.

Correct AnswerverifiedShow Answer

That portion of projected inventory which enables marketing to make realistic commitments about delivery dates for new orders is:

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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