MGSC 395 FINAL EXAM QUESTIONS WITH VERIFIED
ANSWERS
Sales and Operations Plan (S&OP) is done _______ - Answers - monthly
Master Plan Schedule (MPS) is done _________ - Answers - weekly
The Schedule is done _________ - Answers - daily
In the levels in operations planning and scheduling, which level is the closest to the
customers, and therefore the most important? - Answers - level 3, scheduling
Level 2 of Operations Planning and Scheduling - Answers - resource planning - a
process that takes sales and operations plans; process time standards, routings, and
other information on how services or products are produced; and then plans the timing
of capacity and material requirements
Level 3 of Operations Planning and Scheduling - Answers - scheduling - a process that
takes the resource plan and translates it into specific operational tasks on a detailed
basis
S&OP supply options: - Answers - anticipation inventory, workforce adjustment,
workforce utilization (ex. overtime), part-time workers, subcontractors, vacation
schedules
Chase Strategy - Answers - a strategy that involves hiring and laying off employees to
match demand - "chasing demand"
Level Strategy - Answers - a strategy that keeps the workforce constant, but varies its
utilization via overtime, under-time, and vacation planning to match the demand forecast
Flow Time (performance measure) - Answers - FT = finish time + time since job arrived
at workstation
Level 1 of Operations Planning and Scheduling - Answers - sales and operations
planning
Resource Planning - Answers - a process that takes sales and operations plans;
processes information in the way of time standards, routings, and other information on
how services or products are produced; and then plans the input requirements
MRP ~ Material Requirements Planning - Answers - computerized information
developed specifically to help manufacturers manage dependent demand inventory and
schedule replenishment orders
ANSWERS
Sales and Operations Plan (S&OP) is done _______ - Answers - monthly
Master Plan Schedule (MPS) is done _________ - Answers - weekly
The Schedule is done _________ - Answers - daily
In the levels in operations planning and scheduling, which level is the closest to the
customers, and therefore the most important? - Answers - level 3, scheduling
Level 2 of Operations Planning and Scheduling - Answers - resource planning - a
process that takes sales and operations plans; process time standards, routings, and
other information on how services or products are produced; and then plans the timing
of capacity and material requirements
Level 3 of Operations Planning and Scheduling - Answers - scheduling - a process that
takes the resource plan and translates it into specific operational tasks on a detailed
basis
S&OP supply options: - Answers - anticipation inventory, workforce adjustment,
workforce utilization (ex. overtime), part-time workers, subcontractors, vacation
schedules
Chase Strategy - Answers - a strategy that involves hiring and laying off employees to
match demand - "chasing demand"
Level Strategy - Answers - a strategy that keeps the workforce constant, but varies its
utilization via overtime, under-time, and vacation planning to match the demand forecast
Flow Time (performance measure) - Answers - FT = finish time + time since job arrived
at workstation
Level 1 of Operations Planning and Scheduling - Answers - sales and operations
planning
Resource Planning - Answers - a process that takes sales and operations plans;
processes information in the way of time standards, routings, and other information on
how services or products are produced; and then plans the input requirements
MRP ~ Material Requirements Planning - Answers - computerized information
developed specifically to help manufacturers manage dependent demand inventory and
schedule replenishment orders
