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Final Exam - Aggregate Planning Exam Solved Correctly To Score A+

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Final Exam - Aggregate Planning Exam Solved Correctly To Score A+

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Final Exam - Aggregate Planning Exam
Solved Correctly To Score A+
How long is an aggregate plan? CORRECT ANSWERS PLan capacity for the next 6-18
month period

Another name for aggregate planning? CORRECT ANSWERS Sales and Operations
Planning (SOP)

Output of an aggregate plan? CORRECT ANSWERS employment plans
inventory plans
subcontracting plans
facility modification plans

Short Range Planning lasts how long? CORRECT ANSWERS Over a week to a few
months

What is the focus of short term planning? CORRECT ANSWERS Specifies the products
to produced in each time period (week)

Example of a short range plan? CORRECT ANSWERS Master Production Schedule
(MPS)

Strategies for adjusting capacity CORRECT ANSWERS Back orders

Part time/temp workers

Overtime/undertime

Subcontract

Level production

Strategies for adjusting demand CORRECT ANSWERS Shift demand to different
periods

Products with counter-cyclic demand

Partner with supplier to reduce demand distortion along supply chain

5 steps in aggregate planning CORRECT ANSWERS 1. forecast demand for each
product for each time period over planning horizon

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