Exam 9: Sales and Operations Planning: Planning Supply and Demand in a Supply Chain

The use of a seasonal workforce requires that the workforce be multi-skilled and easily adapt to being moved from line to line.

A firm that uses a temporary workforce during the peak season to increase capacity to match demand is using a seasonal workforce.

The key to which capacity management approach would involve having both volume (fluctuating demand from a manufacturer) and variety flexibility (demand from several manufacturers) to be sustainable?

In this approach to managing capacity, a firm has flexible production lines whose production rate can easily be varied.

The capacity management approach that uses a temporary workforce during the peak season to increase capacity to match demand is

The advantage of maintaining enough manufacturing capacity to meet demand in any period is

Which approach to capacity management would schedule the workforce so that the available capacity better matches demand?

In this approach to managing capacity, a firm subcontracts peak production so that internal production remains level and can be done cheaply.

Offering a promotion during a peak period that has significant forward buying

A firm that builds dedicated facilities to produce a relatively stable output of products over time in a very efficient manner and purchases peak production capability from other companies is using subcontracting.

With supply and demand management decisions being made independently,

Which approach to capacity management would require that the workforce be multi-skilled and easily adapt to being moved from line to line?

Which approach to capacity management makes use of overtime, which is varied to match the variation in demand?

Predictable variability is change in demand that cannot be forecasted.

Which of the following is an approach that firms can use when managing inventory to meet predictable demand variability?

The use of a part-time workforce to increase the capacity flexibility by enabling the firm to have more people at work during peak periods is designing product flexibility into the production processes.

When faced with seasonal demand, a firm should use a combination of pricing (to manage demand) and production and inventory (to manage supply) to improve profitability.

A firm can vary supply of product by controlling

A firm that uses flexible work hours from the workforce to manage capacity to better meet demand is using a seasonal workforce.

When performing aggregate planning, the goal of all firms in the supply chain should be to maximize individual firm profits.