All of the following are typical objectives of resource management EXCEPT
____________________ - ANSWER increase product demand
All of the following are true about aggregate planning EXCEPT that aggregate -
ANSWER plans define output levels over a planning horizon of one to two week
___________________________ specifies more-detailed plans for the creation of
individual goods and services or the allocation of capacity to specific time periods. -
ANSWER disaggregation
_______________________ resource planning integrates all aspects of a business into
a unified information system. - ANSWER Enterprise
When assessing aggregate planning variables, pricing strategies is an example of
____________________________ and subcontracting is an example of a(n)
________________________ option - ANSWER demand management; production rate
When assessing aggregate planning variables, acquisition and training costs are
examples of implications of the ____________________ options - ANSWER workforce
When calculating the production level in an aggregate production plan, if you know the
___________________________ and ______________________________ for each
period, the ending inventory is easily determined - ANSWER production; demand
A bill of __________________ defines the hierarchical relationships between all items
that comprise a finished good. A bill of ________________ is a hierarchical record that
defines work inputs necessary to create a good or service. - ANSWER materials; labor
All of the following are basic concepts of MRP EXCEPT
__________________________ - ANSWER inventory management to minimize
downtime
The equation Setup time (S i ) + Processing time (P i ) × Order size (Q i ) measures:
a. Maximum output (M i )
b. Control limitations (C i )
c. Capacity required (C i )
d. Demand rate (D i ) - ANSWER c. Capacity required (C i )
________________________
A(n) ___________________ production strategy plans for the same production rate in
each time period. A(n) ____________________ production strategy sets the production
rate equal to the demand in each time period. - ANSWER level; chase demand