Ch. 13 Quiz Review – Flashcards
Unlock all answers in this set
Unlock answersquestion
In a service business with a highly variable demand, the general approach to aggregate scheduling does not include
answer
Depleting inventory during slack time
question
The objective of aggregate planning is usually to?
answer
Meet forecast demand while minimizing cost over the planning period
question
Which of the following plans are the job of the operations manager, working with other functional areas?
answer
Intermediate plan
question
Job assignments are a focused issue in which of the following?
answer
Short-range plans
question
Which of the following statements is NOT true regarding the master production schedule?
answer
Is a sales forecast
question
What is the first step in the graphical method for aggregate planning?
answer
Determine the demand in each period
question
Successful techniques to control the cost of labor in service firms do not include:
answer
Flexibility in rate of output or hours of work to meet changing supply
question
Which of the following is NOT one of the features than an S and OP process needs to generate a useful aggregate plan?
answer
A forecast of demand for a reasonable long-term planning period in aggregate terms
question
Which of the following is NOT a capacity option of aggregate planning?
answer
Back ordering during high-demand periods
question
Aggregate planning is concerned with determining the quantity and timing of production in the?
answer
Intermediate term
question
Which statement is characteristic of a mixed strategy for aggregate planning?
answer
Mixed pans seek a minimum cost via a combination of 8 planning options
question
For organizations that have perishable inventory, which one of the following characteristics would not make yield management of interest?
answer
Service pr product cannot be sold in advance of consumption
question
Yield management is of interest to organizations having the characteristic of?
answer
Segmental demand
question
Which of the following statements is not true regarding the planning process?
answer
Job scheduling is made as part of intermediate plans
question
What is the process of breaking an aggregate plan into greater detail?
answer
Disagression
question
What is an alternative name for revenue management?
answer
Yield management
question
What is the primary aggregate planning vehicle in service industries?
answer
Labor
question
Which of the following statements is not true about S and OP?
answer
S and OP is also called an aggregate plan
question
Which of the following occurs first within a product planning system?
answer
Aggregate planning
question
What makes aggregate planning particularly complex in the airline industry?
answer
The large number of dependent sites
question
Which of the following would likely result in the least amount of inventory?
answer
Chase strategy
question
Which of the following is NOT a demand option of aggregate planning?
answer
Using part-time workers
question
Which of the following statements is not true regarding aggregate plans?
answer
Aggregate plans use information regarding individual products rather than product line
question
Industries traditionally associated with revenue management operate in which quadrant of the Revenue Management Mix?
answer
Quadrant 2
question
The transportation method of linear programming requires that?
answer
Cost factors be linear and positive
question
Capacity decisions are most critical to which of the following?
answer
Long-range plans
