Question 1

Which of the following steps is necessary to ensure that a master schedule is valid?

Accepted Answer

A)   worker scheduling
B)   order promising
C)   inventory counting
D)   order booking
E)   rough-cut capacity planningF) C) and E)
G) B) and D)

Question 2

After the first period of the planning horizon, available-to-promise is computed only for those periods in which there is an MPS quantity.

Accepted Answer

A) True 
 B)False

Question 3

Available-to-promise in the first week is equal to beginning inventory plus MPS quantity, if any, less committed customer orders before the next MPS quantity.

Accepted Answer

A) True 
 B)False

Question 4

That portion of projected inventory which enables marketing to make realistic commitments about delivery dates for new orders is:

Accepted Answer

A)   beginning inventory.
B)   safety stock inventory.
C)   available-to-promise inventory.
D)   high-margin inventory.
E)   master production schedule arrivals.F) A) and E)
G) C) and D)

Question 5

Aggregate planning for services is more difficult than aggregate planning for manufacturing because __________ and __________ are more difficult to predict.

Accepted Answer

A)   capacity availability; customer tastes
B)   holding costs; overtime costs
C)   demand; capacity availability
D)   capacity change costs; holding costs
E)   hiring costs; holding costsF) B) and E)
G) A) and D)

Question 6

In the master production schedule, production is planned for the next period whenever the available-to-promise quantity becomes negative.

Accepted Answer

A) True 
 B)False

Question 7

Aggregate planning requires which of the following information?
(I)  a forecast of expected demand
(II)  current levels of inventory
(III)  policies regarding employment levels

Accepted Answer

A)   II only
B)   I and II only
C)   I and III only
D)   I, II, and III
E)   II and III onlyF) C) and D)
G) A) and E)

Question 8

Uncommitted inventory is called:

Accepted Answer

A)   available-to-promise inventory.
B)   free inventory.
C)   safety stock.
D)   lead time inventory.
E)   obsolete inventory.F) A) and B)
G) B) and E)

Question 9

Linear programming models yield the optimal solution.

Accepted Answer

A) True 
 B)False

Question 10

Ultimately the overriding factor in choosing a strategy in aggregate planning is overall cost.

Accepted Answer

A) True 
 B)False

Question 11

Which one of the following would not be considered a decision option for purposes of aggregate planning?

Accepted Answer

A)   inventory levels
B)   manpower levels
C)   pricing
D)   production costs
E)   promotionF) B) and E)
G) A) and B)

Question 12

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

Accepted Answer

A)   smoothing the service ratE.
B)   reducing the size of the workforce.
C)   making the kitchen and waitstaff more flexible.
D)   coming up with a fixed staffing level.
E)   making weekly work schedules more stable.F) B) and E)
G) C) and D)

Question 13

Information for firm ABC:   Inventory at the end of April, 2008: 200 units  Expected demand during April, 2008: 50 units  Production expected during April, 2008: 100 units \begin{array} { l r } 	ext { Inventory at the end of April, 2008: } & 200 	ext { units } \	ext { Expected demand during April, 2008: } & 50 	ext { units } \	ext { Production expected during April, 2008: } & 100 	ext { units }\end{array} Inventory at the end of April, 2008:  Expected demand during April, 2008:  Production expected during April, 2008: ​200 units 50 units 100 units ​ 
What is the expected inventory at the end of April 2008?

Accepted Answer

A)   350
B)   250
C)   150
D)   50
E)   80 F) B) and E)
G) D) and E)

Question 14

Departmental budgeting is an example of aggregate planning.

Accepted Answer

A) True 
 B)False

Exam 16: Aggregate Planning and Master Scheduling

Available-to-promise in the first week is equal to beginning inventory plus MPS quantity, if any, less committed customer orders before the next MPS quantity.

Correct Answer
verified

Ultimately the overriding factor in choosing a strategy in aggregate planning is overall cost.

Correct Answer
verified

That portion of projected inventory which enables marketing to make realistic commitments about delivery dates for new orders is:

Correct Answer
verified

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

Correct Answer
verified

Which one of the following would not be considered a decision option for purposes of aggregate planning?

Correct Answer
verified

Aggregate planning requires which of the following information? (I) a forecast of expected demand (II) current levels of inventory (III) policies regarding employment levels

Correct Answer
verified

Departmental budgeting is an example of aggregate planning.

Correct Answer
verified

Which of the following steps is necessary to ensure that a master schedule is valid?

Correct Answer
verified

After the first period of the planning horizon, available-to-promise is computed only for those periods in which there is an MPS quantity.

Correct Answer
verified

In the master production schedule, production is planned for the next period whenever the available-to-promise quantity becomes negative.

Correct Answer
verified

Aggregate planning for services is more difficult than aggregate planning for manufacturing because and are more difficult to predict.

Correct Answer
verified

Uncommitted inventory is called:

Correct Answer
verified

Correct Answer
verified

Linear programming models yield the optimal solution.

Correct Answer
verified

Exam 16: Aggregate Planning and Master Scheduling

Available-to-promise in the first week is equal to beginning inventory plus MPS quantity, if any, less committed customer orders before the next MPS quantity.

Correct AnswerverifiedShow Answer

Ultimately the overriding factor in choosing a strategy in aggregate planning is overall cost.

Correct AnswerverifiedShow Answer

That portion of projected inventory which enables marketing to make realistic commitments about delivery dates for new orders is:

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Which one of the following would not be considered a decision option for purposes of aggregate planning?

Correct AnswerverifiedShow Answer

Aggregate planning requires which of the following information? (I) a forecast of expected demand (II) current levels of inventory (III) policies regarding employment levels

Correct AnswerverifiedShow Answer

Departmental budgeting is an example of aggregate planning.

Correct AnswerverifiedShow Answer

Which of the following steps is necessary to ensure that a master schedule is valid?

Correct AnswerverifiedShow Answer

After the first period of the planning horizon, available-to-promise is computed only for those periods in which there is an MPS quantity.

Correct AnswerverifiedShow Answer

In the master production schedule, production is planned for the next period whenever the available-to-promise quantity becomes negative.

Correct AnswerverifiedShow Answer

Aggregate planning for services is more difficult than aggregate planning for manufacturing because __________ and __________ are more difficult to predict.

Correct AnswerverifiedShow Answer

Uncommitted inventory is called:

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Linear programming models yield the optimal solution.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
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Correct Answer
verified

Correct Answer
verified

Correct Answer
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Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Aggregate planning for services is more difficult than aggregate planning for manufacturing because and are more difficult to predict.

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified