Question 1

What four things are needed to develop an aggregate plan?

Accepted Answer

To develop an aggregate plan,you need a ...

Question 2

The aggregate planning process usually includes expediting and dispatching of individual products.

Accepted Answer

A) True 
 B)False

Question 3

What is the purpose of aggregate planning? Describe some demand and capacity options for implementing plans.

Accepted Answer

Aggregate planning is the determination ...

Question 4

Industries in which quadrant of the Yield Management Matrix are traditionally associated with revenue management? (In other words,in which quadrant are yield management techniques easiest to apply?)

Accepted Answer

A)  use tends to be predictable and price tends to be fixed
B)  use tends to be predictable and price tends to be variable
C)  use tends to be uncertain and price tends to be fixed
D)  use tends to be uncertain and price tends to be variable
E)  use tends to be unpredictable and price tends to be semi-fixedF) A) and B)
G) C) and D)

Question 5

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

Accepted Answer

A) True 
 B)False

Question 6

Yield management is most likely to be used in which one of the following situations?

Accepted Answer

A)  a fast food restaurant with wide demand fluctuations during the day
B)  a dental clinic that wants to fill its appointment book
C)  a firm with a good counterseasonal product mix
D)  a shipping company that can change its fleet size easily
E)  an airline attempting to fill "perishable" seats at maximum revenueF) A) and D)
G) A) and C)

Question 7

What directly results from disaggregation of an aggregate plan?

Accepted Answer

A)  a master production schedule
B)  priority scheduling
C)  a transportation matrix
D)  a capacity-demand matrix
E)  detailed work schedulesF) A) and B)
G) All of the above

Question 8

Which choice below best describes the counterseasonal demand option?

Accepted Answer

A)  producing such products as lawnmowers and sunglasses during the winter
B)  developing a mix of products that smoothes out their demands
C)  lowering prices when demand is slack
D)  using subcontractors only when demand is excessive
E)  the breaking of the aggregate plan into finer levels of detailF) None of the above
G) B) and C)

Question 9

Which of the following is not consistent with a pure level strategy?

Accepted Answer

A)  varying the use of subcontracting
B)  finding alternative work for employees during low-demand periods
C)  using built-up inventory to meet demand requirements
D)  varying production levels and/or work force to meet demand requirements
E)  increasing the use of inventory to meet demand requirementsF) D) and E)
G) A) and C)

Question 10

Which choice best describes level scheduling?

Accepted Answer

A)  Daily production is variable from period to period.
B)  Subcontracting,hiring,and layoffs manipulate supply.
C)  Price points are calculated to match demand to capacity.
D)  Inventory goes up or down to buffer the difference between demand and production.
E)  Seasonal demand fluctuations are matched without hirings or layoffs.F) A) and D)
G) B) and E)

Question 11

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.

Accepted Answer

<img  loading="lazy" src="/assets/images/blured-textbook.svg" class="d-inline m-1" alt="blured image" width="139" height="30"> NOTE: Student responses will vary but s...

Question 12

________ is a complex aggregate planning technique,using models that may be difficult to build and for managers to understand.

Accepted Answer

The answer of ________ is a complex aggregate planning technique,using...

Question 13

A firm uses the pure chase strategy of aggregate planning.It produced 1000 units in the last period.Demand in the next period is estimated at 800,and demand over the next six periods (its aggregate planning horizon) is estimated to average 900 units.In following the chase strategy,the firm will

Accepted Answer

A)  add 100 units to inventory in the next period.
B)  add 200 units to inventory in the next period.
C)  hire workers to match the 100 unit difference.
D)  lay off workers to match the 200 unit difference.
E)  implement a lower price point to increase demand.F) A) and C)
G) A) and E)

Question 14

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

Accepted Answer

Some mathematical approaches to aggregat...

Question 15

Which of the following is not an advantage of level scheduling?

Accepted Answer

A)  stable employment
B)  lower absenteeism
C)  matching production exactly with sales
D)  lower turnover
E)  more employee commitmentF) C) and D)
G) B) and E)

Question 16

Which of the following statements regarding aggregate planning is true?

Accepted Answer

A)  In a pure level strategy,production rates or work force levels are adjusted to match demand requirements over the planning horizon.
B)  A pure level strategy allows lower inventories when compared to pure chase and hybrid strategies.
C)  In a mixed strategy,there are changes in both inventory and in work force and production rate over the planning horizon.
D)  Because service firms have no inventory,the pure chase strategy does not apply.
E)  It turns the material requirements plan into the aggregate plan.F) A) and E)
G) A) and B)

Question 17

Controlling the cost of labour in services involves quick response to consumer demand,on-call labour for unexpected demand,flexibility of labour for reallocation,and flexibility of hours or rate of output of individual workers.

Accepted Answer

A) True 
 B)False

Question 18

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

Accepted Answer

The answer of The ________ strategy maintains a constant output...

Question 19

Which of these is not a characteristic that makes yield management attractive to organizations that have perishable inventory?

Accepted Answer

A)  demand can be segmented
B)  service can be sold in advance of consumption
C)  capacity is easily changed
D)  variable costs are low and fixed costs are high
E)  demand fluctuatesF) A) and B)
G) A) and D)

Question 20

Which of the following aggregate planning strategies is a "capacity option"?

Accepted Answer

A)  influencing demand by changing price
B)  counterseasonal product mixing
C)  influencing demand by extending lead times
D)  changing inventory levels
E)  influencing demand by back orderingF) None of the above
G) C) and D)

Exam 13: Aggregate Planning

The aggregate planning process usually includes expediting and dispatching of individual products.

Correct Answer
verified

Which of the following is not an advantage of level scheduling?

Correct Answer
verified

Which of the following statements regarding aggregate planning is true?

Correct Answer
verified

Which of these is not a characteristic that makes yield management attractive to organizations that have perishable inventory?

Correct Answer
verified

Which choice best describes level scheduling?

Correct Answer
verified

What directly results from disaggregation of an aggregate plan?

Correct Answer
verified

Yield management is most likely to be used in which one of the following situations?

Correct Answer
verified

Which choice below best describes the counterseasonal demand option?

Correct Answer
verified

What is the purpose of aggregate planning? Describe some demand and capacity options for implementing plans.

Correct Answer
verified
Aggregate planning is the determination ...
View Answer

Which of the following is not consistent with a pure level strategy?

Correct Answer
verified

Correct Answer
verified
NOTE: Student responses will vary but s...
View Answer

Which of the following aggregate planning strategies is a "capacity option"?

Correct Answer
verified

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

Correct Answer
verified
Some mathematical approaches to aggregat...
View Answer

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

Correct Answer
verified

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

Correct Answer
verified

Industries in which quadrant of the Yield Management Matrix are traditionally associated with revenue management? (In other words,in which quadrant are yield management techniques easiest to apply?)

Correct Answer
verified

________ is a complex aggregate planning technique,using models that may be difficult to build and for managers to understand.

Correct Answer
verified

What four things are needed to develop an aggregate plan?

Correct Answer
verified
To develop an aggregate plan,you need a ...
View Answer

A firm uses the pure chase strategy of aggregate planning.It produced 1000 units in the last period.Demand in the next period is estimated at 800,and demand over the next six periods (its aggregate planning horizon) is estimated to average 900 units.In following the chase strategy,the firm will

Correct Answer
verified

Controlling the cost of labour in services involves quick response to consumer demand,on-call labour for unexpected demand,flexibility of labour for reallocation,and flexibility of hours or rate of output of individual workers.

Correct Answer
verified

Exam 13: Aggregate Planning

The aggregate planning process usually includes expediting and dispatching of individual products.

Correct AnswerverifiedShow Answer

Which of the following is not an advantage of level scheduling?

Correct AnswerverifiedShow Answer

Which of the following statements regarding aggregate planning is true?

Correct AnswerverifiedShow Answer

Which of these is not a characteristic that makes yield management attractive to organizations that have perishable inventory?

Correct AnswerverifiedShow Answer

Which choice best describes level scheduling?

Correct AnswerverifiedShow Answer

What directly results from disaggregation of an aggregate plan?

Correct AnswerverifiedShow Answer

Yield management is most likely to be used in which one of the following situations?

Correct AnswerverifiedShow Answer

Which choice below best describes the counterseasonal demand option?

Correct AnswerverifiedShow Answer

What is the purpose of aggregate planning? Describe some demand and capacity options for implementing plans.

Correct AnswerverifiedAggregate planning is the determination ...View AnswerShow Answer

Which of the following is not consistent with a pure level strategy?

Correct AnswerverifiedShow Answer

Correct Answerverified NOTE: Student responses will vary but s...View AnswerShow Answer

Which of the following aggregate planning strategies is a "capacity option"?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedSome mathematical approaches to aggregat...View AnswerShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Industries in which quadrant of the Yield Management Matrix are traditionally associated with revenue management? (In other words,in which quadrant are yield management techniques easiest to apply?)

Correct AnswerverifiedShow Answer

________ is a complex aggregate planning technique,using models that may be difficult to build and for managers to understand.

Correct AnswerverifiedShow Answer

What four things are needed to develop an aggregate plan?

Correct AnswerverifiedTo develop an aggregate plan,you need a ...View AnswerShow Answer

A firm uses the pure chase strategy of aggregate planning.It produced 1000 units in the last period.Demand in the next period is estimated at 800,and demand over the next six periods (its aggregate planning horizon) is estimated to average 900 units.In following the chase strategy,the firm will

Correct AnswerverifiedShow Answer

Controlling the cost of labour in services involves quick response to consumer demand,on-call labour for unexpected demand,flexibility of labour for reallocation,and flexibility of hours or rate of output of individual workers.

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
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Aggregate planning is the determination ...
View Answer

Correct Answer
verified

Correct Answer
verified
NOTE: Student responses will vary but s...
View Answer

Correct Answer
verified

Correct Answer
verified
Some mathematical approaches to aggregat...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
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To develop an aggregate plan,you need a ...
View Answer

Correct Answer
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Correct Answer
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