Exam 16: Sales and Operations Planning

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

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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.

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

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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?

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

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

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

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

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

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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?

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

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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?

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

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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.

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

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

(Multiple Choice)
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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?

(Multiple Choice)
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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?

(Multiple Choice)
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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?

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An advantage of level scheduling is which of the following?

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