Aggregate Planning Exam Questions And Answers Verified 100% Correct!!!

Aggregate Planning Exam Questions
And Answers Verified 100% Correct!!!
Aggregate Planning CORRECT ANSWERS -intermediate-range capacity planning,
usually covering 2 to 12 months
-goal is to achieve a production plan that will effectively utilize the organization's
resources to match expected demand
-match supply and demand in a cost effective manner

sales and operations planning CORRECT ANSWERS intermediate-range decisions to
balance supply and demand, integrating financial and operations planning

Inputs of aggregate planning CORRECT ANSWERS -Forecast of aggregate demand
-Available resources for the planning period
-Policies regarding changes in employment levels
-Costs for different resources

Outputs of aggregate planning CORRECT ANSWERS Production plan, including...
-Output levels
-Employment levels
-Finished goods inventory levels

Capacity/supply options CORRECT ANSWERS -Hire and layoff workers
-Overtime / slack time
-Part-time workers
-Subcontracting
-Inventories

Overtime/slack time CORRECT ANSWERS -Less severe method for changing capacity
-Can be implemented more quickly and allows the firm to maintain a steady base of
employees
-Permits the company to maintain a skilled workforce and employees to increase
earnings, and companies may save money because fringe benefits are already fixed

Sub contracting CORRECT ANSWERS -Enables planners to acquire temporary
capacity
-Less control over the output and may lead to higher costs and quality problems

Demand options CORRECT ANSWERS -Pricing
-Promotion
-Back orders
-Complementary products