ISDS chapter 13 Exam Questions and Answers All Correct
3 views 0 purchase
Module
ISDS
Institution
ISDS
ISDS chapter 13 Exam Questions and Answers All Correct
Which of the following statements regarding aggregate planning is true?
a. In a pure level strategy, production rates or work force levels are adjusted to match demand requirements over the planning horizon.
b. A pure level strategy allow...
ISDS chapter 13 Exam Questions
and Answers All Correct
Which of the following statements regarding aggregate planning is true?
a. In a pure level strategy, production rates or work force levels are adjusted to match
demand requirements over the planning horizon.
b. A pure level strategy allows lower inventories when compared to pure chase and
hybrid strategies.
c. In a mixed strategy, there are changes in both inventory and in work force and
production rate over the planning horizon.
d. Because service firms have no inventory, the pure chase strategy does not apply.
e. All of the above are true. - Answer-c. In a mixed strategy, there are changes in both
inventory and in work force and production rate over the planning horizon.
In level scheduling, what is kept uniform from month to month?
a. product mix
b. inventory levels
c. production/workforce levels
d. demand levels
e. sub-contracting levels - Answer-c. production/workforce levels
Which of the following is not consistent with a pure level strategy?
a. varying the use of subcontracting
b. variable work force levels
c. little or no use of 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. - Answer-e. All of the
above are inconsistent with the pure level strategy.
Which of the following is consistent with a pure chase strategy?
a. vary production levels to meet demand requirements
b. vary work force to meet demand requirements
c. vary production levels and work force to meet demand requirements
d. little or no use of inventory to meet demand requirements
e. All of the above are consistent with a pure chase strategy. - Answer-e. All of the
above are consistent with a pure chase strategy.
Which of the following is not an advantage of level scheduling?
, a. stable employment
b. lower absenteeism
c. matching production exactly with sales
d. lower turnover
e. more employee commitment - Answer-c. matching production exactly with sales
A firm uses the pure chase strategy of aggregate planning. It produced 1000 units in the
last period. Demand in the next period is estimated at 800, and demand over the next
six periods (its aggregate planning horizon) is estimated to average 900 units. In
following the chase strategy, the firm will
a. add 100 units to inventory in the next period
b. add 200 units to inventory in the next period
c. hire workers to make up the 100 unit difference
d. fire workers to make up the 200 unit difference
e. implement a lower price point to increase demand - Answer-d. fire workers to make
up the 200 unit difference
56. A firm's demand in the next four quarters (its aggregate planning horizon) is forecast
to be 80, 50, 40, and 90 units. Last quarter, the firm produced 60 units. If it uses level
scheduling, the firm will.
a. hire workers to permit production of 65 units per quarter for the next four quarters
b. hire 20 workers
c. have an increase in inventory of 20 units in the next quarter
d. have a decrease in inventory of 5 units in the next quarter
e. change its workforce each quarter so that inventory does not change - Answer-a. hire
workers to permit production of 65 units per quarter for the next four quarters
Which of the following actions is consistent with the use of pure level strategy?
a. use inventory to meet demand requirements
b. vary the amount of subcontracting to meet demand requirements
c. vary production levels to meet demand requirements
d. vary work force to meet demand requirements
e. none of the above - Answer-a. use inventory to meet demand requirements
"An optimal plan for minimizing the cost of allocating capacity to meet demand over
several planning periods" best describes
a. the linear decision rule
b. simulation
c. the management coefficients model
d. the transportation method
e. graphical methods - Answer-d. the transportation method
A firm uses graphical techniques in its aggregate planning efforts. Over the next twelve
months (its intermediate period) it estimates the sum of demands to be 105,000 units.
The firm has 250 production days per year. In January, which has 22 production days,
demand is estimated to be
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Scholarsstudyguide. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £10.87. You're not tied to anything after your purchase.
