FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 13: Aggregate Planning and Sop

Show Answer

Share

---

All types

Filters

Study Flashcards

Question 61

Essay

Review LaterAdd Note

Review Later

Fred's Fabrication has the following aggregate demand requirements and other data for the upcoming four quarters. Which of the following production plans is better: Plan A-chase demand by hiring and layoffs;Plan B-pure level strategy,or Plan C-700 level with the remainder by subcontracting?

Correct Answer

verified

Plan A has cost of $378,000,plan B has c...

View Answer

Show Answer

Question 62

Multiple Choice

Review LaterAdd Note

Review Later

Which of the following aggregate planning strategies is a capacity option?

A) influencing demand by changing price
B) counterseasonal product mixing
C) influencing demand by extending lead times
D) changing inventory levels
E) influencing demand by back ordering

F) A) and E)
G) C) and D)

Correct Answer

verified

Show Answer

Question 63

Multiple Choice

Review LaterAdd Note

Industries in which revenue management techniques are easiest to apply are those where:

Which of the following aggregate planning options attempts to manipulate product or service demand?

An aggregate plan satisfies forecast demand by potentially adjusting all EXCEPT which of the following?

Which of these is among the demand options of aggregate planning?

What four things are needed to develop an aggregate plan?

In aggregate planning,the amount of overtime and the size of the work force are both adjustable elements of capacity.

Under which of the following do planning tasks associated with job assignments,ordering,job scheduling,and dispatching typically fall?

The ________ strategy sets production equal to forecasted demand.

A professional services firm is investigating revenue management as a means of taking advantage of unused capacity.Analysts for this firm estimate a demand curve for the firm's service,which is sold by the hour.Points on this demand curve include 9000 hours at the current rate of $60 per hour,9500 hours at $55,10,000 hours at $50,and 10,500 hours at $45.Based on this demand curve,what price point would be best for the firm,if its objective is maximum revenue?

A hotel room that goes unrented,a dental appointment that no patient booked,and an airline seat that went unsold,are all examples of ________ in services.

The use of part-time workers as an aggregate planning option may be less costly than using full-time workers,but it may also reduce quality levels.

What is a disadvantage common to the following two strategies: (1)varying inventory levels and (2)back ordering during periods of high demand?

Because service firms do not inventory their output,a pure chase strategy is not appropriate.

Describe the advantages and limitations of the transportation method for aggregate planning.