Aggregate Production Planning Suggested Homework

In level scheduling, what is kept uniform month to month? A. Production/workforce levels B. Production mix C. Inventory levels D. Demand levels E. Sub-contracting levels

A. Production/workforce levels

The basic goal of aggregate planning is to balance: A. Demand and costs B. Demand and capacity C. Demand and inventories D. Capacity and costs E. Capacity and inventories

B. Demand and capacity

A chase strategy haas the advantage that: A. There is no hiring or layoffs of workers B. Inventory investment is not needed C. There is no need to subcontract D. A company can avoid the expense of overtime E. B & D

B. Inventory investment is not needed

A fast food restaurant that has a strategy of hiring part time workers during peak service hours is an example of: A. Forecast accuracy B. Level strategy C. Chase strategy D. A total quality management program E. A process focus strategy

C. Chase strategy

A direct result of disaggregating the aggregate plan is the A. Marketing plan B. Daily production schedule C. Master production schedule D. Forecast for aggregate products E. Material requisition plan

C. Master production schedule

In a Level Strategy, which of the following is / are true? A. Inventory is accumulated during low demand months for use during high demand months. B. Hiring and layoffs of workers is not allowed. C. The production level closely follows the demand pattern. D. A & B are true E. A, B, & C are all true

D. A & B are true

Which of the following aggregate planning strategies cannot be applied to a service setting? A. Using overtime and idle time B. Using part time workers C. Hiring/layoffs D. Using inventories to absorb fluctuations in demand E. All of the above strategies can be use in service settings

D. Using inventories to absorb fluctuations in demands

Which of the following is / are true? A. The main objective of aggregate planning is to determine the quantity and timing of production up to 18 months into the future. B. Production planning strategies usually involve trade-offs among the workforce size, work hours, inventory and blockages. C. The sales forecasts are a key input to aggregate planning. D. A & B are true E. A, B, & C are all true

E. A, B, & C are all true