Exam 15: Operations Planning and Scheduling

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

Which one of the following statements about costs of sales and operations plans is best?

(Multiple Choice)
4.8/5
(83)

The lowest planning level in a sales and operations plan is:

(Multiple Choice)
4.9/5
(95)

Backorders and stockouts are most likely to cause expenses for:

(Multiple Choice)
5.0/5
(92)

Table 15.3 A large distribution center uses some part-time employees in its workforce.Each part-time employee works a maximum of 80 hours per month.The workforce requirements (expressed as the number of part-time employees working the maximum regular time of 80 hours per month)are given in the following table for the next six periods. Table 15.3 A large distribution center uses some part-time employees in its workforce.Each part-time employee works a maximum of 80 hours per month.The workforce requirements (expressed as the number of part-time employees working the maximum regular time of 80 hours per month)are given in the following table for the next six periods.   The relevant costs are: Wages = $350/month/worker Hiring cost = $100/worker Layoff cost = $ 50/worker Overtime cost = 150% of regular-time rate The current workforce level is 60,and overtime cannot exceed 25% of regular-time capacity. Use the spreadsheet approach to answer the following questions. -Use the information in Table 15.3.Use a chase strategy with hiring and layoffs but no overtime.How many workers will be hired in month 3? The relevant costs are: Wages = $350/month/worker Hiring cost = $100/worker Layoff cost = $ 50/worker Overtime cost = 150% of regular-time rate The current workforce level is 60,and overtime cannot exceed 25% of regular-time capacity. Use the spreadsheet approach to answer the following questions. -Use the information in Table 15.3.Use a chase strategy with hiring and layoffs but no overtime.How many workers will be hired in month 3?

(Multiple Choice)
4.7/5
(91)

Which one of the following is a demand option for sales and operations planning?

(Multiple Choice)
4.9/5
(88)

What is a mixed-strategy approach to sales and operations planning?

(Essay)
5.0/5
(79)

A rotating schedule calls for each employee to work the same days and hours each week.

(True/False)
5.0/5
(75)

Imagine you are the owner/operator of a custom printing business.One morning you arrive at work and discover you have five customer orders that have different requirements and different total processing times.You ponder the sequence for a while and then decide to run the printing jobs in first-come,first-served order.What are some measures you could apply to your performance to measure whether you have done a good job? How is each measure calculated?

(Essay)
5.0/5
(84)

Operations planning and scheduling is the process of making sure demand and supply plans are in balance.

(True/False)
4.7/5
(82)

A service firm's sales and operations plan,called a(n)________,centers on staffing and other labor-related factors.

(Essay)
4.8/5
(85)

Which one of the following statements is best?

(Multiple Choice)
4.8/5
(92)

________ is the situation that occurs when employees work longer than the regular workday or workweek.

(Essay)
4.8/5
(81)

The time that employees work that is longer than the regular workday or workweek for which they receive additional pay is:

(Multiple Choice)
4.9/5
(95)

Table 15.1 Bart Incorporated manufactures rotary air fans and uses a production-planning horizon of one-half year.It allows for regular time,part time,overtime,and subcontracting production to meet the demand but no more than 12 units may be made by each of these methods.Both anticipation inventory and backorders are allowed.The beginning (or current)inventory is 20 units.Their first attempt at a sales and operations plan has resulted in the following. Table 15.1 Bart Incorporated manufactures rotary air fans and uses a production-planning horizon of one-half year.It allows for regular time,part time,overtime,and subcontracting production to meet the demand but no more than 12 units may be made by each of these methods.Both anticipation inventory and backorders are allowed.The beginning (or current)inventory is 20 units.Their first attempt at a sales and operations plan has resulted in the following.    -Use the information in Table 15.1.Which of these changes would result in the greatest improvement (in terms of total cost)for the production plan? -Use the information in Table 15.1.Which of these changes would result in the greatest improvement (in terms of total cost)for the production plan?

(Multiple Choice)
4.8/5
(53)

Wally's Bar operates seven days a week.The daily requirements (in workers)are estimated as follows: Wally's Bar operates seven days a week.The daily requirements (in workers)are estimated as follows:   Each worker is required to work five days per week,and each must have two consecutive days off.What is the minimum number of workers needed? Provide the days off that each worker receives. Each worker is required to work five days per week,and each must have two consecutive days off.What is the minimum number of workers needed? Provide the days off that each worker receives.

(Essay)
4.8/5
(83)

________ is the accumulation of customer orders that have been promised for delivery at some future date.

(Essay)
4.7/5
(73)

Table 15.8 Suppose that the following five jobs must be scheduled through a car repair facility (all times are shown in days): Table 15.8 Suppose that the following five jobs must be scheduled through a car repair facility (all times are shown in days):    -Use the information in Table 15.8.What is the average flow time (in days)using the FCFS rule? -Use the information in Table 15.8.What is the average flow time (in days)using the FCFS rule?

(Multiple Choice)
5.0/5
(87)

A(n)________ seeks to optimize resources across the supply chain and align daily operations with strategic goals.

(Essay)
4.9/5
(77)

A retailer experiences a seasonal demand pattern for its services.Labor requirements over a typical six-month period follow. A retailer experiences a seasonal demand pattern for its services.Labor requirements over a typical six-month period follow.    Costs associated with operations are as follows: Wages = $1,500 per worker per month Hiring cost = $1,500 per worker Layoff cost = $1,500 per worker The current workforce level is 11 workers.Use the spreadsheet approach and the preceding data to answer the following questions. a.What is the total cost of the staffing plan,including the cost of regular wages,hiring,and layoffs using a chase strategy with hiring and layoffs,but no overtime? b.What is the total cost of the staffing plan,using a level strategy in which no overtime is allowed,and the undertime paid for? c.Suppose that overtime is allowed up to 25% of the regular-time capacity,and that overtime wages are 150% of the regular-time rate.What is the total cost of the level strategy with overtime and undertime that also minimizes undertime? Costs associated with operations are as follows: Wages = $1,500 per worker per month Hiring cost = $1,500 per worker Layoff cost = $1,500 per worker The current workforce level is 11 workers.Use the spreadsheet approach and the preceding data to answer the following questions. a.What is the total cost of the staffing plan,including the cost of regular wages,hiring,and layoffs using a chase strategy with hiring and layoffs,but no overtime? b.What is the total cost of the staffing plan,using a level strategy in which no overtime is allowed,and the undertime paid for? c.Suppose that overtime is allowed up to 25% of the regular-time capacity,and that overtime wages are 150% of the regular-time rate.What is the total cost of the level strategy with overtime and undertime that also minimizes undertime?

(Essay)
4.8/5
(95)

A manufacturing firm uses a level utilization production-planning horizon of three months.They have developed a forecast for the coming three quarters that appears in the table.They can add no more than 10% of their production capacity as overtime and can order no more than 10% of a month's regular capacity via subcontractors.The company has a zero backorder policy but has space for a maximum of 100 items in their finished-goods inventory.If all extra costs are shown in the table,what is the minimum cost sales and operations plan? A manufacturing firm uses a level utilization production-planning horizon of three months.They have developed a forecast for the coming three quarters that appears in the table.They can add no more than 10% of their production capacity as overtime and can order no more than 10% of a month's regular capacity via subcontractors.The company has a zero backorder policy but has space for a maximum of 100 items in their finished-goods inventory.If all extra costs are shown in the table,what is the minimum cost sales and operations plan?

(Essay)
4.9/5
(81)
Showing 161 - 180 of 191
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)