OPS 301 RQ4

16 October 2022
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question
Which of the following would likely result in the LEAST amount of​ inventory? A. chase strategy B. mixed strategy C. level strategy D. Inventory levels are unaffected by the aggregate plan.
answer
A. chase strategy
question
Which of the following is NOT a demand option of aggregate​ planning? A. influencing demand B. back ordering during​ high-demand periods C. counterseasonal product and service mixing D. using​ part-time workers
answer
D. using part-time workers
question
Which of the following statements is NOT true regarding aggregate​ plans? A. An aggregate plan often examines a​ 3- to​ 18-month time horizon. B. An aggregate plan is the output of​ S&OP. C. Aggregate plans use information regarding individual products rather than product lines. D. For service​ organizations, an aggregate schedule ties strategic goals to workforce schedules.
answer
C. Aggregate plans use information regarding individual products rather than product lines.
question
Which of the following plans are the job of the operations​ manager, working with other functional areas of the​ firm? A. ​short-range plans B. intermediate plans C. long-range plans D. All​ three: short-range,​ intermediate, and​ long-range plans.
answer
B. intermediate plans
question
The objective of aggregate planning is usually to A. to determine which plans are feasible in the coming months and which are not. B. provide input to material requirements planning systems. C. meet forecast demand while minimizing cost over the planning period. D. specify what is to be made and when.
answer
C. meet forecast demand while minimizing cost over the planning period.
question
Which statement is characteristic of a mixed strategy for aggregate​ planning? A. Mixed plans are less complex to develop than a chase plan. B. Mixed plans are less complex to develop than a level plan. C. Mixed plans typically yield a worse strategy than a pure plan. D. Mixed plans seek a minimum cost via a combination of eight planning options.
answer
D. Mixed plans seek a minimum cost via a combination of eight planning options
question
Capacity decisions are most critical to which of the​ following? A. sales and operations planning B. intermediate plans C. short-range plans D. long-range plans
answer
D. long-range plans
question
Which of the following is NOT a capacity option of aggregate​ planning? A. back ordering during​ high-demand periods B. changing inventory levels C. varying production rates through overtime or idle time D. subcontracting
answer
A. back ordering during​ high-demand periods
question
Which of the following statements is NOT true about​ S&OP? A. S&OP is also called an aggregate plan. B. When the resources appear to be substantially at odds with market​ expectations, S&OP provides advanced warning to top management. C. S&OP is used to determine which plans are feasible in the coming months and which are not. D. S&OP is typically done by​ cross-functional teams that align competing constraints.
answer
A. S&OP is also called an aggregate plan.
question
Which of the following occurs first within a production planning​ system? A. aggregate planning B. detailed work schedules for people C. priority scheduling for products D. master production schedule
answer
A. aggregate planning