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Aggregate Planning Questions And Answers Latest Update | Solved

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Aggregate Planning Questions And Answers Latest Update | Solved

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Aggregate Planning Questions And
Answers Latest Update | Solved
Three types of planning levels: CORRECT ANSWERS short-term, intermediate, long-
term

Examples of short-term planning level: CORRECT ANSWERS job
assignments/sequencing; order quantities

Examples of intermediate planning level: CORRECT ANSWERS employment; output;
subcontracting

Examples of long-term planning level: CORRECT ANSWERS location; layout; product
design

Objectives to aggregate planning: CORRECT ANSWERS quick reaction to (anticipated)
demand changes; keep stable workforce; production plan maximizing profit constrained
by capacity

Interprets demand forecasts into a blueprint for planning staffing and production levels
for the firm over a predetermined planning horizon CORRECT ANSWERS Aggregate
Planning

Aggregate planning establishes... CORRECT ANSWERS operations capacity

Demand Planning Options: CORRECT ANSWERS pricing; promotion; back orders; new
demand

Supply Planning Options: CORRECT ANSWERS workforce adjustments (hire/fire/part
time/subcontract); overtime/idle time; inventories

Two Basic Aggregate Planning Strategies: CORRECT ANSWERS Pure; Mixed

Two Pure Aggregate Planning Strategies: CORRECT ANSWERS Level Capacity;
chase demand

Level Capacity Strategy for Aggregate Planning has what characteristics: CORRECT
ANSWERS stable workforce; stable output rate; more inventory to account for changes
in demand

Chase Strategy for Aggregate Planning has what characteristics: CORRECT
ANSWERS adjust workforce/output to meet changes in demand; low inventory cost

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  • examples of intermediate planning level

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