The ability of manufacturing to produce goods and services is
c
alled - Answers capacity
Priority in production planning relates to - Answers how much of what is needed and when
Which of the following is an input to the production plan - Answers engineering plan
strategic business plan
market plan
financial plan
Which of the following plans has the longest planning horizon and the least level of detail - Answers
strategic business plan
In terms of INCREASING level of detail, which is the correct sequence of activities?
I. Material requirements planning II. Master production
sched
uling III. Production planning - Answers I, II, III
Over the time span of the production plan, which of the following can usually be varied to change
capacity? - Answers inventories
work force
Which of the following is a characteristic of a production plan? - Answers none of the above
Determining the need for labor, machines, and physical resources to meet the production objectives of
the firm is call
ed
: - Answers capacity planning
The function of setting the limits or levels of manufacturing operations based on the market plan and
resource availability is called - Answers production planning