Prepare a master schedule based on the following information: \[\begin{array} { l c r r r r r r r } \text { Week } & 1 & { 2 } & { 3 } & { 4 } &{ 5 } & { 6 } & { 7 } & { 8 } \\ \hline \text { Forecast } & 100 & 100 & 120 & 120 & 150 & 150 & 180 & 180 \\ \text { Orders } & 106 & 94 & 65 & 40 & 21 & 9 & 2 & 0 \end{array}\] Currently there are 145 units in inventory.

Policy calls for a fixed order quantity

Consider the following information: \[\begin{array} { l l l } \text { Period } & \text { Forecast } \\ \hline 1 & 200 & \\ 2 & 200 & \\ 3 & 300 & \\ 4 & 400 & \\ 5 & 500 & \\ 6 & 200 & \\ \text { Regular Time: } & \$ 20 \text { per unit ( } 280 \text { units per period maximum) } \\ \text { Overtime: } & \$ 30 \text { per unit (40 units per period maximum) } \\ \text { Subcontracting: } & \text { None available } \\ \text { Beginning Inventory: } & \text { None } \\ \text { Carrying Cost: } & \$ 1 \text { per unit per period } \\ \text { Backorder Cost: } & \$ 5 \text { per unit per period } \end{array}\] What are total back order costs?

The answer of Consider the following information: \[\begin{array} { l...

Exam 11: Aggregate Planning and Master Scheduling

Prepare a master schedule based on the following information: Week 1 2 3 4 5 6 7 8 Forecast 100 100 120 120 150 150 180 180 Orders 106 94 65 40 21 9 2 0 Currently there are 145 units in inventory.

(Essay)

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Question 81

The goal of aggregate planning is to achieve a production plan that attempts to balance the organization's resources and meet expected demand.

(True/False)

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Question 82

Aggregate planning in the case of a high-volume product output business such as a restaurant is directed toward:

(Multiple Choice)

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Question 83

Moving from the aggregate plan to a master production schedule requires:

(Multiple Choice)

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Question 84

In practice, the more commonly used techniques for aggregate planning are:

(Multiple Choice)

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Question 85

Consider the following information: Period Forecast 1 200 2 200 3 300 4 400 5 500 6 200 Regular Time: \ 20 per unit ( 280 units per period maximum) Overtime: \ 30 per unit (40 units per period maximum) Subcontracting: None available Beginning Inventory: None Carrying Cost: \ 1 per unit per period Backorder Cost: \ 5 per unit per period What are total back order costs?

(Short Answer)

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Question 86

Which of the following best describes aggregate planning?

(Multiple Choice)

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Question 87

Seasonality in demand has the advantage of leveling out requirements for our product or service.

(True/False)

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Question 88

Prepare a master schedule based on the following information: Week 1 2 3 4 5 6 7 8 Forecast 100 100 120 120 150 150 180 180 Orders 106 94 65 40 21 9 2 0 Currently there are 145 units in inventory.

The goal of aggregate planning is to achieve a production plan that attempts to balance the organization's resources and meet expected demand.

Aggregate planning in the case of a high-volume product output business such as a restaurant is directed toward:

Moving from the aggregate plan to a master production schedule requires:

In practice, the more commonly used techniques for aggregate planning are:

Which of the following best describes aggregate planning?

Seasonality in demand has the advantage of leveling out requirements for our product or service.

Introduction to Operations Management

Competitiveness, Strategy, and Productivity

Forecasting

Product and Service Design

Extension: Reliability

Strategic Capacity Planning for Products and Services

Extension: Decision Theory

Process Selection and Facility Layout

Work Design and Measurement

Extension: Learning Curves

Location Planning and Analysis

Extension: The Transportation Model

Management of Quality

Quality Control

Extension: Acceptance Sampling

MRP and ERP

Inventory Management

Jit and Lean Operations

Extension: Maintenance

Supply Chain Management

Scheduling

Project Management

Management of Waiting Lines

Linear Programming

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