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verified
True/False
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Multiple Choice
A) less than a month
B) up to 3 months
C) 3 to 18 months
D) over one year
E) over 5 years
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Essay
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Essay
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True/False
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Multiple Choice
A) the linear decision rule
B) simulation
C) the management coefficients model
D) the transportation method
E) graphical methods
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Multiple Choice
A) stable employment
B) lower absenteeism
C) matching production exactly with sales
D) lower turnover
E) more employee commitment
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Multiple Choice
A) using part-time workers
B) subcontracting
C) changing inventory level
D) varying production rates through overtime or idle time
E) varying work force size by hiring or layoffs
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Essay
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True/False
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Multiple Choice
A) a logical overall unit for measuring sales and output
B) a method to determine the relevant costs
C) a mathematical model that will minimize costs over the intermediate planning period
D) an aggregate demand forecast for an intermediate planning period
E) All of these are needed for aggregate planning.
Correct Answer
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Multiple Choice
A) the January requirement is below level production of 420 units.
B) level production is approximately 1000 units per day.
C) level production of 420 units per day is below the January requirement.
D) level production is approximately 420 units per month.
E) the firm must hire workers between December and January.
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Multiple Choice
A) varying the use of subcontracting
B) finding alternative work for employees during low-demand periods
C) using built-up inventory to meet demand requirements
D) varying production levels and/or work force to meet demand requirements
E) All of the above are inconsistent with the pure level strategy.
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Multiple Choice
A) product mix
B) inventory levels
C) production/workforce levels
D) demand levels
E) sub-contracting levels
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Multiple Choice
A) material requirements planning
B) enterprise resource planning
C) strategic planning
D) aggregate planning
E) job scheduling
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Essay
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Multiple Choice
A) short-range
B) intermediate-range
C) long-range
D) weather
E) the forecast for the next day's absentee levels
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Essay
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Essay
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