MQM 227 Exam 2 with Verified Answers
1. Which of the following statements is incorrect?
a. Aggregate planning involves planning at a specific product/service level
not a product family level.
b. Scheduling decisions allocate available capacity or resources
(equipment, labor, and space) to jobs for a given period of time.
c. Aggregate planning seeks to determine the resources needed while
scheduling allocates the resources made available through aggregate
planning in the best manner to meet operational objectives.
d. Aggregate planning is done on a time frame of about one year;
scheduling is done on a time frame of a few months, weeks, or hours. - 🧠
,ANSWER ✔✔a. Aggregate planning involves planning at a specific
product/service level not a product family level.
2. Which of the following statements is incorrect?
a. The purpose of forecast accuracy is to determine when the forecasting
method is no longer tracking actual demand and should be reset.
b. Forecasting is only used to predict future events.
c. Through planning, we consciously attempt to alter future events.
d. Whenever demand is not constrained by capacity, inventory, or other
management policies; the forecasting of demand should be the same as
the forecasting of sales.
e. The purpose of forecast accuracy is to monitor predictable demand
observations or outliers (which should be carefully evaluated and perhaps
excluded from data analysis). - 🧠 ANSWER ✔✔e. The purpose of forecast
accuracy is to monitor predictable demand observations or outliers (which
should be carefully evaluated and perhaps excluded from data analysis).
3. Which of the following statements is incorrect?
a. Batch and job shop processes generally have even lower utilization.
, b. Assembly-line processes may set planned utilization at 80% to allow for
flexibility to meet unexpected demand.
c. In considering economies of scale, larger facilities are generally more
economical because fixed costs can be spread over more units of
production.
d. A product-focused facility produces one family or type of product or
service.
e. In considering economies of scale, larger facilities are generally more
economical because the cost of buildings and equipment increases linearly
with volume. - 🧠 ANSWER ✔✔e. In considering economies of scale, larger
facilities are generally more economical because the cost of buildings and
equipment increases linearly with volume.
4. Which of the following options is not listed as a method of adding
capacity to bottlenecks?
a. adding machine time (e.g., coverage during breaks)
b. reducing setup time
c. subcontracting
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1. Which of the following statements is incorrect?
a. Aggregate planning involves planning at a specific product/service level
not a product family level.
b. Scheduling decisions allocate available capacity or resources
(equipment, labor, and space) to jobs for a given period of time.
c. Aggregate planning seeks to determine the resources needed while
scheduling allocates the resources made available through aggregate
planning in the best manner to meet operational objectives.
d. Aggregate planning is done on a time frame of about one year;
scheduling is done on a time frame of a few months, weeks, or hours. - 🧠
,ANSWER ✔✔a. Aggregate planning involves planning at a specific
product/service level not a product family level.
2. Which of the following statements is incorrect?
a. The purpose of forecast accuracy is to determine when the forecasting
method is no longer tracking actual demand and should be reset.
b. Forecasting is only used to predict future events.
c. Through planning, we consciously attempt to alter future events.
d. Whenever demand is not constrained by capacity, inventory, or other
management policies; the forecasting of demand should be the same as
the forecasting of sales.
e. The purpose of forecast accuracy is to monitor predictable demand
observations or outliers (which should be carefully evaluated and perhaps
excluded from data analysis). - 🧠 ANSWER ✔✔e. The purpose of forecast
accuracy is to monitor predictable demand observations or outliers (which
should be carefully evaluated and perhaps excluded from data analysis).
3. Which of the following statements is incorrect?
a. Batch and job shop processes generally have even lower utilization.
, b. Assembly-line processes may set planned utilization at 80% to allow for
flexibility to meet unexpected demand.
c. In considering economies of scale, larger facilities are generally more
economical because fixed costs can be spread over more units of
production.
d. A product-focused facility produces one family or type of product or
service.
e. In considering economies of scale, larger facilities are generally more
economical because the cost of buildings and equipment increases linearly
with volume. - 🧠 ANSWER ✔✔e. In considering economies of scale, larger
facilities are generally more economical because the cost of buildings and
equipment increases linearly with volume.
4. Which of the following options is not listed as a method of adding
capacity to bottlenecks?
a. adding machine time (e.g., coverage during breaks)
b. reducing setup time
c. subcontracting
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
