Question 1

Workforce planning is directly related to the control of inventories based on forecasts of supply.

Accepted Answer

A) True 
 B)False  False

Question 2

A linear cost equation is:

Accepted Answer

A)    
B)    
C)    
D)    
A)    
B)    
C)    
D)    C

Question 3

Linear programming can be used to solve the transportation model applied to aggregate planning.

Accepted Answer

A) True 
 B)False  True

Question 4

All production planning factors (e.g.,St ...,Pt ...,It) can be measured against planned normal capacity stated in standard units.

Accepted Answer

A) True 
 B)False

Question 5

When the three levels of the job shop are recognized and taken into account,production scheduling becomes hit-or-miss.In other words,organized chaos is replaced by disorganized chaos.

Accepted Answer

A) True 
 B)False

Question 6

Productivity rate and production output rate are not equivalent terms.

Accepted Answer

A) True 
 B)False

Question 7

The transportation model is flexible in that assignments can be split along rows or within columns.

Accepted Answer

A) True 
 B)False

Question 8

HMMS is the four-letter abbreviation created to stand for

Accepted Answer

A) Holt. 
B) Modigliani. 
C) Math. 
D) Simon. 
E) all of the above except c,which should be Muth. 
A) Holt. 
B) Modigliani. 
C) Math. 
D) Simon. 
E) all of the above except c,which should be Muth.

Question 9

For the HMMS models.   , are four cost coefficients for the expected sum of inventory,backorder and set-up cost

Accepted Answer

A) True 
 B)False

Question 10

With the HMMS model the inventory cost curve takes into account stock on-hand and backorders,but also _____ costs associated with changing production from one product to another.

Accepted Answer

A) overtime 
B) hiring 
C) firing 
D) set-up 
A) overtime 
B) hiring 
C) firing 
D) set-up

Question 11

The specific purpose of AP is to decide

Accepted Answer

A) when to schedule work. 
B) under what conditions to schedule work. 
C) what to forecast for demand. 
D) both a and b 
A) when to schedule work. 
B) under what conditions to schedule work. 
C) what to forecast for demand. 
D) both a and b

Question 12

Iy.   f on a sustained basis overtime,then existing overstocks can be reduced substantiall

Accepted Answer

A) True 
 B)False

Question 13

What business product lines have customers with ordering behaviors called fill or kill?

Accepted Answer

A) video and music tapes 
B) lipstick and cosmetics 
C) caviar and champagne 
D) none of the above 
E) all of the above 
A) video and music tapes 
B) lipstick and cosmetics 
C) caviar and champagne 
D) none of the above 
E) all of the above

Question 14

Aggregate planning is an external (strategic) production management function as compared to an internal (tactical) function.

Accepted Answer

A) True 
 B)False

Question 15

_____ is achieved by collecting and lumping all items to be produced together.

Accepted Answer

A) Strategic planning 
B) Detailed scheduling 
C) Company planning 
D) Aggregate planning 
A) Strategic planning 
B) Detailed scheduling 
C) Company planning 
D) Aggregate planning

Question 16

St in the total cost equation stands for

Accepted Answer

A) stock-on-hand at the end of period t. 
B) size of workforce at the end of period t. 
C) demand in units for period t. 
D) payroll costs during period t. 
A) stock-on-hand at the end of period t. 
B) size of workforce at the end of period t. 
C) demand in units for period t. 
D) payroll costs during period t.

Question 17

Market research indicates that consumers of makeup will travel far and wide to find the lipstick brand and color to which they are loyal.This is equivalent to a fill and kill situation.

Accepted Answer

A) True 
 B)False

Question 18

For the slightly chasing policy model (C₁) backorders cost $100 per occurrence,costs for carrying inventory are $25 per unit,hires cost $200 per instance,and reductions cost $300 per event - all occurring within the time period.Then,total variable cost TVC (C₁) is

Accepted Answer

A) $12,800 
B) $5,800 
C) $22,800 
D) $12,925 
A) $12,800 
B) $5,800 
C) $22,800 
D) $12,925

Question 19

Information is essential for forecasting and planning at _____ and for decision making at _____ where the aggregate units have become specific jobs.

Accepted Answer

A) level one;levels two and three 
B) level one;level three 
C) level four;level one 
D) both a and b 
A) level one;levels two and three 
B) level one;level three 
C) level four;level one 
D) both a and b

Question 20

The sum of aggregated item demands is labeled: total sales,St.The term t must be one month or one year.

Accepted Answer

A) True 
 B)False

Workforce planning is directly related to the control of inventories based on forecasts of supply.

A linear cost equation is:

Linear programming can be used to solve the transportation model applied to aggregate planning.

All production planning factors (e.g.,St ...,Pt ...,It) can be measured against planned normal capacity stated in standard units.

When the three levels of the job shop are recognized and taken into account,production scheduling becomes hit-or-miss.In other words,organized chaos is replaced by disorganized chaos.

Productivity rate and production output rate are not equivalent terms.

The transportation model is flexible in that assignments can be split along rows or within columns.

HMMS is the four-letter abbreviation created to stand for

For the HMMS models. , are four cost coefficients for the expected sum of inventory,backorder and set-up cost

With the HMMS model the inventory cost curve takes into account stock on-hand and backorders,but also _____ costs associated with changing production from one product to another.

The specific purpose of AP is to decide

Iy. f on a sustained basis overtime,then existing overstocks can be reduced substantiall

What business product lines have customers with ordering behaviors called fill or kill?

Aggregate planning is an external (strategic) production management function as compared to an internal (tactical) function.

_____ is achieved by collecting and lumping all items to be produced together.

St in the total cost equation stands for

Market research indicates that consumers of makeup will travel far and wide to find the lipstick brand and color to which they are loyal.This is equivalent to a fill and kill situation.

For the slightly chasing policy model (C₁) backorders cost $100 per occurrence,costs for carrying inventory are $25 per unit,hires cost $200 per instance,and reductions cost $300 per event - all occurring within the time period.Then,total variable cost TVC (C₁) is

Information is essential for forecasting and planning at _ and for decision making at _ where the aggregate units have become specific jobs.

The sum of aggregated item demands is labeled: total sales,St.The term t must be one month or one year.

Product Line Planning and the Systems Approach

Productivity and Strategic Planning

Demand Creation and Predictive Planning

Understanding Quality: ITS Management and Strategic Importance

Process Configuration Strategies

Process Analysis and Redesign

Quality Assurance

Management of Technology Mot

Teamwork Planning Requires Job Design

Supply Chain Capacity Planning

Facilities Planning: Location and Layout

Materials Management Impacts All Supply Chain Participants

Inventory Management for Smooth and Continuous Demand Patterns

Material Requirements Planning Mrp for Sporadic Demand Patterns

Production Scheduling for Manufacturing and Service Operations

Cycle-Time Management Increases Productivity

Project Management for New Products and Processes

Change Management With Faster Project Completions

Sustainability Issues: Environment, Ethics, and Security

Filters

Exam 13: Aggregate Planning to Balance Supply and Demand

Workforce planning is directly related to the control of inventories based on forecasts of supply.

A linear cost equation is:

Linear programming can be used to solve the transportation model applied to aggregate planning.

All production planning factors (e.g.,St ...,Pt ...,It) can be measured against planned normal capacity stated in standard units.

When the three levels of the job shop are recognized and taken into account,production scheduling becomes hit-or-miss.In other words,organized chaos is replaced by disorganized chaos.

Productivity rate and production output rate are not equivalent terms.

The transportation model is flexible in that assignments can be split along rows or within columns.

HMMS is the four-letter abbreviation created to stand for

For the HMMS models. , are four cost coefficients for the expected sum of inventory,backorder and set-up cost

With the HMMS model the inventory cost curve takes into account stock on-hand and backorders,but also _____ costs associated with changing production from one product to another.

The specific purpose of AP is to decide

Iy. f on a sustained basis overtime,then existing overstocks can be reduced substantiall

What business product lines have customers with ordering behaviors called fill or kill?

Aggregate planning is an external (strategic) production management function as compared to an internal (tactical) function.

_____ is achieved by collecting and lumping all items to be produced together.

St in the total cost equation stands for

Market research indicates that consumers of makeup will travel far and wide to find the lipstick brand and color to which they are loyal.This is equivalent to a fill and kill situation.

For the slightly chasing policy model (C₁) backorders cost $100 per occurrence,costs for carrying inventory are $25 per unit,hires cost $200 per instance,and reductions cost $300 per event - all occurring within the time period.Then,total variable cost TVC (C₁) is

Information is essential for forecasting and planning at _____ and for decision making at _____ where the aggregate units have become specific jobs.

The sum of aggregated item demands is labeled: total sales,St.The term t must be one month or one year.

Product Line Planning and the Systems Approach

Productivity and Strategic Planning

Demand Creation and Predictive Planning

Understanding Quality: ITS Management and Strategic Importance

Process Configuration Strategies

Process Analysis and Redesign

Quality Assurance

Management of Technology Mot

Teamwork Planning Requires Job Design

Supply Chain Capacity Planning

Facilities Planning: Location and Layout

Materials Management Impacts All Supply Chain Participants

Inventory Management for Smooth and Continuous Demand Patterns

Material Requirements Planning Mrp for Sporadic Demand Patterns

Production Scheduling for Manufacturing and Service Operations

Cycle-Time Management Increases Productivity

Project Management for New Products and Processes

Change Management With Faster Project Completions

Sustainability Issues: Environment, Ethics, and Security

Filters

Information is essential for forecasting and planning at _ and for decision making at _ where the aggregate units have become specific jobs.