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Exam 16: Aggregate Planning and Master Scheduling

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Question 21

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Aggregate planners are concerned with the quality and quantity of expected demand.

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Question 22

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The assignment of work to specific machines and people are examples of aggregate planning.

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Question 23

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A firm has 43 units of a certain product on hand. Forecasts for the first two planning periods are 20 units each. A production quantity of 80 units is planned to be available in period 3. Customer orders are 22 for period 1 and 17 for period 2.What quantity is available for commitment to new customers in either of the first two periods?

One option for altering the availability of capacity is:

Which of the following is an input to aggregate planning?

The master schedule indicates the quantity and timing for delivery of a product, but not the dates production will need to start.

A company's disaggregation plan calls for the aggregate production to be broken down into 40 percent Product A, 40 percent Product B, and 20 percent Product C. The aggregate plan calls for total production that averages 1,100 units per quarter. Quarter 1 production will be 800 units, quarter 2 production will be 1,400 units, and quarter 3 production will be 1,200 units. How many units of Product A will be produced in quarter 4?

A firm has 56 units of product X on hand. Forecasts of demand are for 20 units per week. An MPS quantity of 100 units is planned to arrive in period 3. Customer orders are 24 for period 1, 18 for period 2, and 15 for period 3. What is the projected on-hand inventory at the end of period 2?

In using the chase strategy, variations in demand could be met by:

Using variable pricing in response to demand variability to maximize revenue using perishable capacity is known as:

Information for firm ABC: $\begin{array} { l r } \text { Inventory at the end of April, 2008: } & 200 \text { units } \\\text { Expected demand during April, 2008: } & 50 \text { units } \\\text { Production expected during April, 2008: } & 100 \text { units }\end{array}$ What was the inventory at the end of March 2008?

Aggregate planning is capacity planning that typically covers a time horizon of one to three months.

Which of the following is not a basic option for altering the availability of capacity in a service environment?

Linear programming to produce an aggregate plan:

The use of tables and charts in aggregate planning usually enables planners to arrive at an optimal plan.

The direct result of disaggregating the aggregate plan is the:

Proactive and reactive aggregate planning strategies are best associated with:

The main disadvantage(s) of informal techniques used for aggregate planning is(are) :

Master schedulers are employed primarily by service organizations.

One thing that makes aggregate planning in services easier than aggregate planning in manufacturing is: