BIT 3414 Exam 3 questions n answers
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All of the following are inputs to the aggregate production planning process except:
a. Demand forecasts
b. Financial constraints
c. Sales plans
d. Capacity constraints - CORRECT ANSWER ✔✔Sales plans
**The question is asking specifically about the production planning process not S&OP process
The term aggregate planning reflects the fact that plans are developed for ____ rather than
______
a. Product families, individual products
b. Product lines, product families
c. Competitor products, product families
d. Competitor products, individual products - CORRECT ANSWER ✔✔Product families, individual
products
, Adjusting available capacity by hiring and firing workers to match demand is an example of a
______ strategy
a. Level production
b. Chase demand
c. Mixed production
d. Optimal production - CORRECT ANSWER ✔✔Chase demand
The primary cost associated with the level production strategy is the cost of
a. Holding inventory
b. Hiring and firing workers
c. Overtime
d. Outsourcing (subcontracting) - CORRECT ANSWER ✔✔Holding inventory
Which of the following is not a strategy for managing demand?
a. Shifting demand into other time periods
b. Create demand for idle resources
c. Redirecting demand to a competitor
d. Partnering with suppliers to minimize information distortion - CORRECT ANSWER
✔✔Redirecting demand to a competitor
The difference between planned production and customer orders is known as
a. The master production schedule
b. Available-to-Promise
rated A+
All of the following are inputs to the aggregate production planning process except:
a. Demand forecasts
b. Financial constraints
c. Sales plans
d. Capacity constraints - CORRECT ANSWER ✔✔Sales plans
**The question is asking specifically about the production planning process not S&OP process
The term aggregate planning reflects the fact that plans are developed for ____ rather than
______
a. Product families, individual products
b. Product lines, product families
c. Competitor products, product families
d. Competitor products, individual products - CORRECT ANSWER ✔✔Product families, individual
products
, Adjusting available capacity by hiring and firing workers to match demand is an example of a
______ strategy
a. Level production
b. Chase demand
c. Mixed production
d. Optimal production - CORRECT ANSWER ✔✔Chase demand
The primary cost associated with the level production strategy is the cost of
a. Holding inventory
b. Hiring and firing workers
c. Overtime
d. Outsourcing (subcontracting) - CORRECT ANSWER ✔✔Holding inventory
Which of the following is not a strategy for managing demand?
a. Shifting demand into other time periods
b. Create demand for idle resources
c. Redirecting demand to a competitor
d. Partnering with suppliers to minimize information distortion - CORRECT ANSWER
✔✔Redirecting demand to a competitor
The difference between planned production and customer orders is known as
a. The master production schedule
b. Available-to-Promise
