ISDS 3115 Final CH 13
industries traditionally associated with revenue management operate in which quadrant
2: price tends to be variable, use is predictable
Which of the following is false about the planning process?
Job scheduling is made as a part of intermediate plans
which of the following statements is not true regarding the master production schedule?
The master production schedule is a sales forecast
which of the following is not one of the features that and s&p process needs to generate a useful aggregate plan?
a forecast of demand for a reasonable long-term planning period in aggregate terms
What is one thing not needed for aggregate planning?
a mathematical model
Which of the following occurs first within a production planning system?
aggregate planning
which of the following is not true regarding aggregate plans? a. for service organizations... b. an aggregate plan examines... c. it is an output of s&p d. aggregate plans use information regarding individual products rather than product lines
aggregate plans use information regarding individual products rather than product lines
Which of the following is not a capacity option of aggregate planning?
back ordering during high-demand periods
What would result in the least amount of inventory
chase strategy
The transportation method of linear programming requires that
cost factors be liner and positive
Which of the following statements about aggregate planning is true? a. advertising/promotin b. work station loading.. c. overtime/idle time d. aggregate planning uses the adjustable part of capacity to meet production requirements e. all of the above
d. aggregate planning uses the adjustable part of capacity to meet production requirements
in a service business with a highly variable dedmand, the general approach to aggregate scheduling does not involve
depleting inventory during slack periods
what is the first step in the graphical method for aggregate planning?
determine the demand in each period
What is the process of breaking an aggregate plan into greater detail
disaggregation
Which of the following is consistent with the pure chase strategy? a. vary production levels to meet demand requirements b. vary workforce to meet demand requirements c. vary production levels and work force to meet demand requirements d. little to no use of inventory to meet demand requirements e. all of the anbove
e. all of the above
successful techniques to control the cost of labor in service firms do not include
flexibility in rate of output or hours of work to meet changing supply
Which of the following plans are the job of the operations manager, working with other functional areas of the firm? a. short-range plans b. long-range plans c. intermediate plans d. all three
intermediate plans
Describe level scheduling
inventory goes up or down to buffer the differecnce between demand and production
Which of the following is false about s&p?
it is also called and aggregate plan
what is the primary aggregate planning vehicle in service industries
labor
capacity decisions are most critical to which of the following? long range, intermediate , short range, sales and operations planning
long range plans
The objective of aggregate planning is usually to
meet forecast demand while minimizing cost over the planning period
which statement is characteristic of a mixed strategy for aggregate planning?
mixed plans seek a minimum cost via a combination of eight planning options
in level scheduling, what is kept uniform month to month?
production/workforce levels
yield management is of interest to organizations having the characteristic of
segmentable demand
for organizations that have perishable inventory, which of the following characteristics would not make yield management of interest?
service or product cannot be sold in advance of consumption
Job assignments are a focussed issue in which of the following? long range, intermediate, short range , sales and operations planning
short range plans
Dependence on an external source of supply is found in which of the following aggregate planning strategies?
subcontracting
Aggregate planning is capacity planning for...
the intermediate range (3 to 18 months)
what makes aggregate planning particularly complex in the airling industry?
the large number of dependent sites
which of the following is not a demand option of aggregate planning
using part time workers
what is the alternative name for revenue management
yield management
