The goal of aggregate planning is to achieve a production plan that attempts to balance the organization's resources and meet expected demand... The goal of aggregate planning is to achi
Trang 12 The goal of aggregate planning is to achieve a production plan that attempts to balance the
organization's resources and meet expected demand
Trang 28 Capacity can be modified in aggregate planning by promotion and producing additional product using overtime
Trang 317 Aggregate planners typically use mathematical techniques such as linear programming and linear decision rules for planning
Trang 426 In the master production schedule, production is planned for the next period whenever the available-to-promise quantity becomes negative
True False
27 Which of the following best describes aggregate planning?
A the link between intermediate term planning and short term operating decisions
B a collection of objective planning tools
C make or buy decisions
D an attempt to respond to predicted demand within the constraints set by product, process and location decisions
29 Aggregate planning is capacity planning for:
A the long range
B the intermediate range
C the short range
D typically one to three months
E typically one or more years
Trang 531 Which of the following is an input to aggregate planning?
A just gallons of paint, without concern for the different colors and sizes
B gallons of paint, but be concerned with the different colors to be produced
C gallons, quarts, pints, and all the different sizes to be produced
D all the different sizes and all the different colors by size
E none of the above
34 Aggregate planning requires which of the following information?
A a forecast of expected demand
B current levels of inventory
C (a) and (b)
D policies regarding employment levels
E all of the above
35 Aggregate planners attempt to balance:
A demand and inventories
B demand and costs
C capacity and inventories
D capacity and costs
E capacity and demand
Trang 6
36 Which of the following is not an input to the aggregate planning process?
A resources available
B demand forecast
C policies on work force changes
D master production schedules
Trang 741 Which of the following would not be a strategy associated with adjusting aggregate capacity to meet expected demand?
A subcontract
B vary the size of the workforce
C vary the intensity of workforce utilization
D allow inventory levels to vary
43 One option for altering the availability of capacity is:
A use of overtime or slack time
44 In order to use the "level capacity strategy," variations in demand are met by:
A varying output during regular time without changing employment levels
B varying output during regular time by changing employment levels
C (a) and (b)
D using combination of inventories, overtime, part time, and back orders
E price adjustments
45 In using the "chase strategy" variations in demand could be met by:
A varying output during regular time without changing employment levels
B varying output during regular time by changing employment levels
C (a) and (b)
D varying inventory levels
E price increases
Trang 8
46 Uncommitted inventory is called
47 Aggregate planners seek to match supply and demand:
A at minimum overall cost
B by staying within company policy
C (a) and (b)
D keeping inventories at a minimum
E all of the above
48 In practice, the more commonly used techniques for aggregate planning are:
A mathematical techniques
B informal trial-and-error techniques
C (a) and (b) about equally
D simulation models
E linear programming optimization
49 The main disadvantage(s) of informal techniques used for aggregate planning is(are):
A they are expensive to do
B they may not result in the best plan
C they take a long time to do
D they require use of a computer
E lack of formal education of the planners
50 Inventory information for firm ABC:
What is the expected inventory at the end of April, 1999?
Trang 951 Inventory information for firm ABC:
What was the inventory at the end of March, 1999?
52 Linear programming to produce an aggregate plan:
A will produce the best plan if accurate inputs are used
B is the most widely used technique
C (a) and (b)
D will produce a plan that may not be the best plan
E requires an excel spread sheet
53 Simulation to produce an aggregate plan:
A will produce the best plan
B is the most widely used technique
C both (a) and (b)
D will produce a plan that may not be the best plan
E requires a minimum of 4 iterations to be accurate
D varying inventory levels
E firing and laying off
Trang 1056 Moving from the aggregate plan to a master production schedule requires:
A rough cut capacity planning
D high margin inventory
E none of the above
58 Proactive and Reactive aggregate planning strategies are best associated with:
A Input and Output
B Make and Buy
C Quantitative and Qualitative
D Exact and Approximate
E Demand and Capacity options
59 A manager has prepared a forecast of expected aggregate demand for the next six months Develop an aggregate plan to meet this demand given this additional information: A level production rate of 100 units per month will be used Backorders are allowed, and they are charged at the rate of
$8 per unit per month Inventory holding costs are $1 per unit per month in ending inventory
Determine the cost of this plan if regular time cost is $20 per unit and beginning inventory is zero
Trang 1160 Given the projected demands for the next six months, prepare an aggregate plan that uses inventory, regular time and overtime, and backorders The plan must wind up with no units in ending inventory in Period 6 Regular time capacity is 150 units per month Overtime capacity is 20 units per month Overtime cost is $30 per unit, backorder cost is $20 per unit, inventory holding cost is $5 per unit, regular time cost of $20 per unit, and beginning inventory is zero
Trang 1262 Prepare a master schedule based on the following information:
Currently there are 145 units in inventory Policy calls for a fixed order quantity of 250 units
Trang 1469 What are total backorder costs?
Trang 15A firm has 56 units of product X on hand Forecasts of demand are for 20 units per week An MPS quantity of 100 units is planned to arrive in period 3 Customer orders are 24 for period 1, 18 for period 2, and 15 for period 3
Trang 1678 In a service setting, the aggregate plan results in a time-phased projection of requirements
B costs of storing inventory
C the perishability of capacity
Trang 17Topic Area: Introduction
2 The goal of aggregate planning is to achieve a production plan that attempts to balance the organization's resources and meet expected demand
Topic Area: Introduction
3 Aggregate planners are concerned with the quality and quantity of expected demand
Trang 184 Aggregate planning is used to establish general levels of employment, output, and inventories over
Topic Area: Introduction
5 The assignment of work to specific machines and people are examples of aggregate planning
Topic Area: Introduction
6 The output from aggregate planning is a detailed business plan covering the next 2 to 12 months
Topic Area: Introduction
7 Demand can be altered in aggregate planning by promotion and producing additional product using overtime
Trang 198 Capacity can be modified in aggregate planning by promotion and producing additional product using overtime
Topic Area: Introduction
9 Organizations facing seasonal changes in demand are prevented from using aggregate planning techniques
Topic Area: Introduction
10 Seasonality in demand has the advantage of leveling out requirements for our product or service
Trang 2011 A level capacity strategy is also known as a chase demand strategy
Topic Area: Basic Strategies for Meeting Uneven Demand
12 An advantage of a "chase" strategy for aggregate planning is that inventories can be kept
Topic Area: Basic Strategies for Meeting Uneven Demand
13 Linear programming models yield the optimal solution
Trang 2114 Ultimately the overriding factor in choosing a strategy in aggregate planning is overall cost
Topic Area: Basic Strategies for Meeting Uneven Demand
15 Aggregate planners commonly use trial-and-error methods in developing aggregate plans
Topic Area: Techniques for Aggregate Planning
16 The use of tables and charts in aggregate planning usually enables planners to arrive at an
Topic Area: Techniques for Aggregate Planning
17 Aggregate planners typically use mathematical techniques such as linear programming and linear decision rules for planning
Trang 2218 Disaggregating an aggregate plan leads to a master schedule
Topic Area: Disaggregating the Aggregate Plan
19 The master schedule indicates the quantity and timing for delivery of a product, but not the dates production will need to start
Topic Area: Disaggregating the Aggregate Plan
20 Departmental budgeting is an example of aggregate planning
Topic Area: Introduction
21 Master schedulers are employed primarily by service organizations
Trang 2322 Subcontracting 'in' would apply to periods in which our organization has excess capacity
Topic Area: Basic Strategies for Meeting Uneven Demand
23 Available-to-promise in the first week is equal to beginning inventory plus MPS quantity, if any, less committed customer orders before the next MPS quantity
Topic Area: The Master Scheduling Process
24 A time fence in the master schedule is used to prevent unauthorized people from making changes
Trang 2425 After the first period of the planning horizon, available-to-promise is computed only for those periods in which there is an MPS quantity
Topic Area: The Master Scheduling Process
26 In the master production schedule, production is planned for the next period whenever the
available-to-promise quantity becomes negative
Topic Area: The Master Scheduling Process
27 Which of the following best describes aggregate planning?
A the link between intermediate term planning and short term operating decisions
B a collection of objective planning tools
C make or buy decisions
D an attempt to respond to predicted demand within the constraints set by product, process and
Trang 2528 Accommodating peak demands and effectively using labor resources during periods of low demand would be the goal of aggregate planners in
Topic Area: Aggregate Planning in Services
29 Aggregate planning is capacity planning for:
A the long range
B the intermediate range
C the short range
D typically one to three months
E typically one or more years
The intermediate range typically runs from two to 12 months
Topic Area: Introduction
30 One area to which aggregate planning decisions relate is:
Trang 2631 Which of the following is an input to aggregate planning?
Topic Area: Introduction
32 Essentially, the output of aggregate planning is the:
A marketing plan
B production plan
C rough-cut capacity plan
D assignment plan
E material requirements plan
The production plan largely results from the aggregate planning effort
Topic Area: Introduction
33 In doing "aggregate planning" for a firm producing paint, the aggregate planners would most likely deal with:
A just gallons of paint, without concern for the different colors and sizes
B gallons of paint, but be concerned with the different colors to be produced
C gallons, quarts, pints, and all the different sizes to be produced
D all the different sizes and all the different colors by size
E none of the above
The principle of aggregation is reflected in this answer
Trang 2734 Aggregate planning requires which of the following information?
A a forecast of expected demand
B current levels of inventory
C (a) and (b)
D policies regarding employment levels
E all of the above
All of these are inputs into the aggregate planning process
Topic Area: Introduction
35 Aggregate planners attempt to balance:
A demand and inventories
B demand and costs
C capacity and inventories
D capacity and costs
E capacity and demand
Capacity and demand are roughly balanced in aggregate planning
Topic Area: Introduction
36 Which of the following is not an input to the aggregate planning process?
A resources available
B demand forecast
C policies on work force changes
D master production schedules
Trang 2837 Which one of the following would not be considered a decision option for purposes of aggregate planning?
Topic Area: Basic Strategies for Meeting Uneven Demand
38 Which of the following is not a basic option for altering the availability of capacity in a service environment?
A overtime
B hiring/layoff
C part time
D inventory
E All of these are basic capacity options
Inventory is typically not an option in services
Trang 2939 Which one of the following is not a basic option for altering demand?
A promotion
B backordering
C pricing
D subcontracting
E All are demand options
Subcontracting is an option for altering capacity
Topic Area: Introduction
40 One option for altering the pattern of demand is:
Topic Area: Introduction
41 Which of the following would not be a strategy associated with adjusting aggregate capacity to meet expected demand?
A subcontract
B vary the size of the workforce
C vary the intensity of workforce utilization
D allow inventory levels to vary
Trang 3042 One option for altering the availability of manufacturing capacity is:
A pricing
B promotion
C backorders
D inventories
E none of the above apply to manufacturing capacity
Inventory involves using capacity from earlier periods to satisfy demand in later periods
Topic Area: Basic Strategies for Meeting Uneven Demand
43 One option for altering the availability of capacity is:
A use of overtime or slack time
B pricing
C promotion
D backorders
E none of the above
Overtime or slack time alters the availability of capacity
Topic Area: Introduction
44 In order to use the "level capacity strategy," variations in demand are met by:
A varying output during regular time without changing employment levels
B varying output during regular time by changing employment levels
Trang 3145 In using the "chase strategy" variations in demand could be met by:
A varying output during regular time without changing employment levels
B varying output during regular time by changing employment levels
Topic Area: Basic Strategies for Meeting Uneven Demand
46 Uncommitted inventory is called
Topic Area: The Master Scheduling Process
47 Aggregate planners seek to match supply and demand:
A at minimum overall cost
B by staying within company policy
C (a) and (b)
D keeping inventories at a minimum
E all of the above
Aggregate plans minimize costs but conform to company policies
Trang 3248 In practice, the more commonly used techniques for aggregate planning are:
A mathematical techniques
B informal trial-and-error techniques
C (a) and (b) about equally
D simulation models
E linear programming optimization
Trial-and-error techniques are more commonly used
Topic Area: Techniques for Aggregate Planning
49 The main disadvantage(s) of informal techniques used for aggregate planning is(are):
A they are expensive to do
B they may not result in the best plan
C they take a long time to do
D they require use of a computer
E lack of formal education of the planners
Informal solutions may not be costly or difficult, but they may be less likely to offer up the best plan