Ch. 13 Quiz Review

21 June 2024
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question
In a service business with a highly variable demand, the general approach to aggregate scheduling does not include
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Depleting inventory during slack time
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The objective of aggregate planning is usually to?
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Meet forecast demand while minimizing cost over the planning period
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Which of the following plans are the job of the operations manager, working with other functional areas?
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Intermediate plan
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Job assignments are a focused issue in which of the following?
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Short-range plans
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Which of the following statements is NOT true regarding the master production schedule?
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Is a sales forecast
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What is the first step in the graphical method for aggregate planning?
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Determine the demand in each period
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Successful techniques to control the cost of labor in service firms do not include:
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Flexibility in rate of output or hours of work to meet changing supply
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Which of the following is NOT one of the features than an S and OP process needs to generate a useful aggregate plan?
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A forecast of demand for a reasonable long-term planning period in aggregate terms
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Which of the following is NOT a capacity option of aggregate planning?
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Back ordering during high-demand periods
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Aggregate planning is concerned with determining the quantity and timing of production in the?
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Intermediate term
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Which statement is characteristic of a mixed strategy for aggregate planning?
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Mixed pans seek a minimum cost via a combination of 8 planning options
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For organizations that have perishable inventory, which one of the following characteristics would not make yield management of interest?
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Service pr product cannot be sold in advance of consumption
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Yield management is of interest to organizations having the characteristic of?
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Segmental demand
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Which of the following statements is not true regarding the planning process?
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Job scheduling is made as part of intermediate plans
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What is the process of breaking an aggregate plan into greater detail?
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Disagression
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What is an alternative name for revenue management?
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Yield management
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What is the primary aggregate planning vehicle in service industries?
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Labor
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Which of the following statements is not true about S and OP?
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S and OP is also called an aggregate plan
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Which of the following occurs first within a product planning system?
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Aggregate planning
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What makes aggregate planning particularly complex in the airline industry?
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The large number of dependent sites
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Which of the following would likely result in the least amount of inventory?
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Chase strategy
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Which of the following is NOT a demand option of aggregate planning?
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Using part-time workers
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Which of the following statements is not true regarding aggregate plans?
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Aggregate plans use information regarding individual products rather than product line
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Industries traditionally associated with revenue management operate in which quadrant of the Revenue Management Mix?
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Quadrant 2
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The transportation method of linear programming requires that?
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Cost factors be linear and positive
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Capacity decisions are most critical to which of the following?
answer
Long-range plans