Question 1

A time fence in the master schedule is used to prevent unauthorized people from making changes to the schedule.

Accepted Answer

A) True 
 B)False

Question 2

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)  high margin inventory
E)  none of the aboveF) None of the above
G) A) and B)

Question 3

Inventory information for firm ABC:  What was the inventory at the end of March, 1999?

Accepted Answer

A)  350
B)  250
C)  150
D)  50
E)  none of the aboveF) A) and B)
G) A) and C)

Question 4

Aggregate planners attempt to balance:

Accepted Answer

A)  demand and inventories
B)  demand and costs
C)  capacity and inventories
D)  capacity and costs
E)  capacity and demandF) A) and B)
G) All of the above

Question 5

The main disadvantage(s)  of informal techniques used for aggregate planning is(are) :

Accepted Answer

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 plannersF) A) and C)
G) A) and B)

Question 6

Capacity can be modified in aggregate planning by promotion and producing additional product using overtime.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following differs between aggregate planning in services and aggregate planning in manufacturing?

Accepted Answer

A)  uncertainty in demand
B)  costs of storing inventory
C)  the perishability of capacity
D)  cost of overtime
E)  cost of hiringF) A) and E)
G) C) and D)

Question 8

Demand can be altered in aggregate planning by promotion and producing additional product using overtime.

Accepted Answer

A) True 
 B)False

Question 9

Subcontracting 'in' would apply to periods in which our organization has excess capacity.

Accepted Answer

A) True 
 B)False

Question 10

The more __________ demand is, the more the aggregate plan will tend to reflect the ____________ strategy.

Accepted Answer

A)  Stable; Level
B)  Aggregated; Outsourcing
C)  Variable; Chase
D)  Complex; Uncommitted
E)  Both A and CF) C) and D)
G) A) and B)

Question 11

Which one of the following would not be considered a decision option for purposes of aggregate planning?

Accepted Answer

A)  inventory levels
B)  manpower levels
C)  pricing
D)  production costs
E)  promotionF) C) and D)
G) A) and D)

Question 12

Simulation to produce an aggregate plan:

Accepted Answer

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 accurateF) A) and D)
G) A) and C)

Question 13

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

Accepted Answer

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 adjustmentsF) B) and E)
G) A) and B)

Question 14

One option for altering the availability of manufacturing capacity is:

Accepted Answer

A)  pricing
B)  promotion
C)  backorders
D)  inventories
E)  none of the above apply to manufacturing capacityF) C) and E)
G) B) and C)

Question 15

Which of the following is not an input to the aggregate planning process?

Accepted Answer

A)  resources available
B)  demand forecast
C)  policies on work force changes
D)  master production schedules
E)  cost informationF) C) and E)
G) A) and E)

Question 16

Ultimately the overriding factor in choosing a strategy in aggregate planning is overall cost.

Accepted Answer

A) True 
 B)False

Question 17

Aggregate planning is capacity planning for:

Accepted Answer

A)  the long range
B)  the intermediate range
C)  the short range
D)  typically one to three months
E)  typically one or more yearsF) A) and D)
G) C) and D)

Question 18

What are total overtime costs?

Accepted Answer

The answer of What are total overtime costs?...

Question 19

In practice, the more commonly used techniques for aggregate planning are:

Accepted Answer

A)  mathematical techniques
B)  informal trial-and-error techniques
C)  (a)  and (b)  about equally
D)  simulation models
E)  linear programming optimizationF) B) and D)
G) A) and C)

Question 20

Which of the following best describes aggregate planning?

Accepted Answer

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
E)  manpower planningF) A) and B)
G) B) and D)

Exam 11: Aggregate Planning and Master Scheduling

Aggregate planning is capacity planning for:

Correct AnswerverifiedShow Answer

The more __________ demand is, the more the aggregate plan will tend to reflect the ____________ strategy.

Correct AnswerverifiedShow Answer

Which of the following differs between aggregate planning in services and aggregate planning in manufacturing?

Correct AnswerverifiedShow Answer

What are total overtime costs?

Correct AnswerverifiedShow Answer

Ultimately the overriding factor in choosing a strategy in aggregate planning is overall cost.

Correct AnswerverifiedShow Answer

Simulation to produce an aggregate plan:

Correct AnswerverifiedShow Answer

In practice, the more commonly used techniques for aggregate planning are:

Correct AnswerverifiedShow Answer

Which one of the following would not be considered a decision option for purposes of aggregate planning?

Correct AnswerverifiedShow Answer

Which of the following best describes aggregate planning?

Correct AnswerverifiedShow Answer

The main disadvantage(s) of informal techniques used for aggregate planning is(are) :

Correct AnswerverifiedShow Answer

Inventory information for firm ABC: What was the inventory at the end of March, 1999?

Correct AnswerverifiedShow Answer

Demand can be altered in aggregate planning by promotion and producing additional product using overtime.

Correct AnswerverifiedShow Answer

Aggregate planners attempt to balance:

Correct AnswerverifiedShow Answer

A time fence in the master schedule is used to prevent unauthorized people from making changes to the schedule.

Correct AnswerverifiedShow Answer

Capacity can be modified in aggregate planning by promotion and producing additional product using overtime.

Correct AnswerverifiedShow Answer

One option for altering the availability of manufacturing capacity is:

Correct AnswerverifiedShow Answer

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

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

Which of the following is not an input to the aggregate planning process?

Correct AnswerverifiedShow Answer

Subcontracting 'in' would apply to periods in which our organization has excess capacity.

Correct AnswerverifiedShow Answer

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The more demand is, the more the aggregate plan will tend to reflect the __ strategy.

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