Question 1

In an overview of the major operations planning activities in a typical logistics organization, which of the following activities follows aggregate sales and operations planning?

Accepted Answer

A)  Process planning
B)  Workforce scheduling
C)  Vehicle loading
D)  Materials requirements planning
E)  Order schedulingF) C) and D)
G) A) and B)

Question 2

Yield management is an important tool that can be used to shape demand patterns.

Accepted Answer

A) True 
 B)False

Question 3

An advantage of level scheduling is which of the following?

Accepted Answer

A)  Total costs through the entire system are minimized.
B)  There is a smooth flow throughout the production system.
C)  There is variety for the workers through the mixing of models produced.
D)  The risk of backorders is minimized.
E)  Customer service is improved.F) All of the above
G) C) and D)

Question 4

The aggregate operations planning variable "production rate" refers to the number of units completed per unit of time.

Accepted Answer

A) True 
 B)False

Question 5

The aggregate operations plan is developed from the master schedule and the strategic capacity plan.

Accepted Answer

A) True 
 B)False

Question 6

Accurate medium-range planning increases the likelihood of operating within the limits of a budget.

Accepted Answer

A) True 
 B)False

Question 7

In conducting aggregate operations planning there are a number of required inputs.Which of the following are considered inputs internal to the firm?

Accepted Answer

A)  Inventory levels and economic conditions
B)  Market demand and subcontractor capacity
C)  Current physical capacity and current workforce
D)  Competitor behavior and current workforce
E)  Current physical capacity and raw material availabilityF) C) and D)
G) B) and E)

Question 8

Backordering costs incurred in producing a given product type in a given time period are relevant aggregate operations planning costs.

Accepted Answer

A) True 
 B)False

Question 9

Using the cut-and-try method for aggregate operations planning we can determine the production requirement in units of product.If the beginning inventory is 100 units, the demand forecast is 1,200, and the necessary safety stock is 20% of the demand forecast, which of the following is the production requirement?

Accepted Answer

A)  1,200
B)  1,300
C)  1,340
D)  1,500
E)  1,540F) D) and E)
G) B) and D)

Question 10

The aggregate operations planning variable "workforce level" refers to the number of workers needed to accomplish the planned production.

Accepted Answer

A) True 
 B)False

Question 11

The aggregate operations planning variable "inventory on hand" refers to the balance of unused inventory carried over from the previous time period.

Accepted Answer

A) True 
 B)False

Question 12

In conducting aggregate operations planning there are a number of required inputs.Which of the following are inputs considered external to the firm?

Accepted Answer

A)  Competitor behavior and economic conditions
B)  Market demand and inventory levels
C)  Subcontractor capacity and current workforce
D)  Economic conditions and current physical capacity
E)  Raw material availability and inventory levelsF) B) and C)
G) B) and E)

Question 13

Using the cut-and-try method for aggregate operations planning we can determine the production requirement in units of product.If the beginning inventory is 500 units, the demand forecast is 1,000, and the necessary safety stock is 10% of the demand forecast, which of the following is the production requirement?

Accepted Answer

A)  1,000
B)  600
C)  550
D)  450
E)  100F) A) and E)
G) D) and E)

Question 14

In an overview of the major operations planning activities in a typical logistics organization, which of the following activities most immediately follows aggregate sales and operations planning?

Accepted Answer

A)  Process planning
B)  Strategic capacity planning
C)  Vehicle dispatching
D)  Vehicle capacity planning
E)  Warehouse receipt planningF) B) and D)
G) A) and D)

Question 15

The sales and marketing plans are typically developed separately from the aggregate operations plan as a way of cross-checking results to insure the integrity of assumptions about the future.

Accepted Answer

A) True 
 B)False

Question 16

The sales and operations planning process is made up of a variety of analytical techniques which interact to produce short and intermediate term goals.

Accepted Answer

A) True 
 B)False

Question 17

In an overview of the major operations planning activities in a typical service organization, which of the following activities follows aggregate sales and operations planning?

Accepted Answer

A)  Process planning
B)  Workforce scheduling
C)  Master scheduling
D)  Materials requirements planning
E)  Order schedulingF) All of the above
G) A) and B)

Question 18

Yield management is the process of allocating the right type of capacity to the right type of customer at the right prices at the right time to maximize revenue or yield.

Accepted Answer

A) True 
 B)False

Question 19

Maintaining a stable workforce working at a constant output rate while shortages and surpluses are absorbed by fluctuating inventory levels, order backlogs and allowing lost sales is which of the following production planning strategies?

Accepted Answer

A)  Stable workforce, variable work hours
B)  Chase
C)  Level
D)  Full employment
E)  Skill maintenanceF) B) and E)
G) A) and B)

Question 20

Order scheduling is the step in the aggregate operations planning process that immediately follows material requirements planning.

Accepted Answer

A) True 
 B)False

Exam 16: Sales and Operations Planning

Yield management is the process of allocating the right type of capacity to the right type of customer at the right prices at the right time to maximize revenue or yield.

Correct Answer
verified

The aggregate operations plan is developed from the master schedule and the strategic capacity plan.

Correct Answer
verified

An advantage of level scheduling is which of the following?

Correct Answer
verified

Accurate medium-range planning increases the likelihood of operating within the limits of a budget.

Correct Answer
verified

Maintaining a stable workforce working at a constant output rate while shortages and surpluses are absorbed by fluctuating inventory levels, order backlogs and allowing lost sales is which of the following production planning strategies?

Correct Answer
verified

The aggregate operations planning variable "workforce level" refers to the number of workers needed to accomplish the planned production.

Correct Answer
verified

Correct Answer
verified

In an overview of the major operations planning activities in a typical logistics organization, which of the following activities most immediately follows aggregate sales and operations planning?

Correct Answer
verified

Order scheduling is the step in the aggregate operations planning process that immediately follows material requirements planning.

Correct Answer
verified

The aggregate operations planning variable "production rate" refers to the number of units completed per unit of time.

Correct Answer
verified

In conducting aggregate operations planning there are a number of required inputs.Which of the following are considered inputs internal to the firm?

Correct Answer
verified

Backordering costs incurred in producing a given product type in a given time period are relevant aggregate operations planning costs.

Correct Answer
verified

The sales and marketing plans are typically developed separately from the aggregate operations plan as a way of cross-checking results to insure the integrity of assumptions about the future.

Correct Answer
verified

In an overview of the major operations planning activities in a typical logistics organization, which of the following activities follows aggregate sales and operations planning?

Correct Answer
verified

Correct Answer
verified

The aggregate operations planning variable "inventory on hand" refers to the balance of unused inventory carried over from the previous time period.

Correct Answer
verified

The sales and operations planning process is made up of a variety of analytical techniques which interact to produce short and intermediate term goals.

Correct Answer
verified

In an overview of the major operations planning activities in a typical service organization, which of the following activities follows aggregate sales and operations planning?

Correct Answer
verified

Yield management is an important tool that can be used to shape demand patterns.

Correct Answer
verified

In conducting aggregate operations planning there are a number of required inputs.Which of the following are inputs considered external to the firm?

Correct Answer
verified

Exam 16: Sales and Operations Planning

Yield management is the process of allocating the right type of capacity to the right type of customer at the right prices at the right time to maximize revenue or yield.

Correct AnswerverifiedShow Answer

The aggregate operations plan is developed from the master schedule and the strategic capacity plan.

Correct AnswerverifiedShow Answer

An advantage of level scheduling is which of the following?

Correct AnswerverifiedShow Answer

Accurate medium-range planning increases the likelihood of operating within the limits of a budget.

Correct AnswerverifiedShow Answer

Maintaining a stable workforce working at a constant output rate while shortages and surpluses are absorbed by fluctuating inventory levels, order backlogs and allowing lost sales is which of the following production planning strategies?

Correct AnswerverifiedShow Answer

The aggregate operations planning variable "workforce level" refers to the number of workers needed to accomplish the planned production.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

In an overview of the major operations planning activities in a typical logistics organization, which of the following activities most immediately follows aggregate sales and operations planning?

Correct AnswerverifiedShow Answer

Order scheduling is the step in the aggregate operations planning process that immediately follows material requirements planning.

Correct AnswerverifiedShow Answer

The aggregate operations planning variable "production rate" refers to the number of units completed per unit of time.

Correct AnswerverifiedShow Answer

In conducting aggregate operations planning there are a number of required inputs.Which of the following are considered inputs internal to the firm?

Correct AnswerverifiedShow Answer

Backordering costs incurred in producing a given product type in a given time period are relevant aggregate operations planning costs.

Correct AnswerverifiedShow Answer

The sales and marketing plans are typically developed separately from the aggregate operations plan as a way of cross-checking results to insure the integrity of assumptions about the future.

Correct AnswerverifiedShow Answer

In an overview of the major operations planning activities in a typical logistics organization, which of the following activities follows aggregate sales and operations planning?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

The aggregate operations planning variable "inventory on hand" refers to the balance of unused inventory carried over from the previous time period.

Correct AnswerverifiedShow Answer

The sales and operations planning process is made up of a variety of analytical techniques which interact to produce short and intermediate term goals.

Correct AnswerverifiedShow Answer

In an overview of the major operations planning activities in a typical service organization, which of the following activities follows aggregate sales and operations planning?

Correct AnswerverifiedShow Answer

Yield management is an important tool that can be used to shape demand patterns.

Correct AnswerverifiedShow Answer

In conducting aggregate operations planning there are a number of required inputs.Which of the following are inputs considered external to the firm?

Correct AnswerverifiedShow Answer

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verified

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