Chapter 13 Aggregate planning Exam
Questions With 100% Correct Solution!!!
sales and operation planning CORRECT ANSWERS balances resources and
forecasted demand, and aligns the organization's competing demands, from supply
chain to final customer while linking strategic planning with operations
aggregate planning CORRECT ANSWERS an approach to determine the quantity and
timing of production for the intermiediate future (3-18 months ahead)
4 things needed for aggregate planning CORRECT ANSWERS 1. A logical unit for
measuring sales and output
2. A forecast of demand for a reasonable intermediate planning period in these
aggregate terms
3. a method for determining the relevant costs
4. A model that combines forecasts and costs so that scheduling decisions can be
made for the planning period
disaggregation CORRECT ANSWERS the process of breaking an aggregate plan into
greater detail
master production schedule CORRECT ANSWERS a timetable that specifies what is to
be made and when
Chase strategy CORRECT ANSWERS a planning strategy that sets production equal to
forecast demand
vary workforce levls or vary production rate
level strategy CORRECT ANSWERS maintaining a constant output rate, production
rate, or workforce level over the planning horizon.
use idle time as a buffer
mixed strategy CORRECT ANSWERS a planning strategy that uses two or more
controllable variables to set a feasible production plan
revenue (or yield) management CORRECT ANSWERS capacity decisions that
determine the allocation of resources to maximize revenue
planning process CORRECT ANSWERS process of determining the quantity and timing
of production for the immediate future; what, when, how much
influencing demand CORRECT ANSWERS aggregate planning strategy
demand option
Questions With 100% Correct Solution!!!
sales and operation planning CORRECT ANSWERS balances resources and
forecasted demand, and aligns the organization's competing demands, from supply
chain to final customer while linking strategic planning with operations
aggregate planning CORRECT ANSWERS an approach to determine the quantity and
timing of production for the intermiediate future (3-18 months ahead)
4 things needed for aggregate planning CORRECT ANSWERS 1. A logical unit for
measuring sales and output
2. A forecast of demand for a reasonable intermediate planning period in these
aggregate terms
3. a method for determining the relevant costs
4. A model that combines forecasts and costs so that scheduling decisions can be
made for the planning period
disaggregation CORRECT ANSWERS the process of breaking an aggregate plan into
greater detail
master production schedule CORRECT ANSWERS a timetable that specifies what is to
be made and when
Chase strategy CORRECT ANSWERS a planning strategy that sets production equal to
forecast demand
vary workforce levls or vary production rate
level strategy CORRECT ANSWERS maintaining a constant output rate, production
rate, or workforce level over the planning horizon.
use idle time as a buffer
mixed strategy CORRECT ANSWERS a planning strategy that uses two or more
controllable variables to set a feasible production plan
revenue (or yield) management CORRECT ANSWERS capacity decisions that
determine the allocation of resources to maximize revenue
planning process CORRECT ANSWERS process of determining the quantity and timing
of production for the immediate future; what, when, how much
influencing demand CORRECT ANSWERS aggregate planning strategy
demand option
