Aggregate production plan - Study guides, Class notes & Summaries

WGU C215 Objective Assessment Guide (Latest 2024/ 2025 Update) Operations Management| Questions and Verified Answers| 100% Correct| Grade A Q: Tier One Suppliers Supplies materials or services directly to the processing facility. These are the suppliers that put products in specific containers or packages. Internal Functions companies Q: Tier Two Suppliers Answer: Directly supplies materials or services to a tier-one supplier in the supply chain. Suppliers of the spec...

Test Bank for International Economics 18e 18th Edition by Robert Carbaugh. ISBN-13: 8915 Full Chapters test bank included Chapter 1: The International Economy and Globalization 1-1 Globalization of Economic Activity 1-2 Waves of Globalization 1-3 The United States as an Open Economy 1-4 Common Fallacies of International Trade 1-5 Is International Trade an Opportunity or a Threat to Workers? 1-6 Has Globalization Gone Too Far? 1-7 The Plan of This Text Summary Key Concepts and Term...

Test Bank for Principles of Supply Chain Management, 6th Edition by Joel D. Wisner; Keah-Choon Tan; G. Keong Leong ISBN-13: 5604 Full Chapters test bank included Part 1: Supply Chain Management: An Overview Chapter 1: Introduction to Supply Chain Management Introduction Supply Chain Management Defined The Importance of Supply Chain Management The Origins of Supply Chain Management in the United States The Foundations of Supply Chain Management Current Trends in Supply Chain Managem...

MGMT 333 Exam 4 Questions And Answers (T/F) The Master Production Schedule breaks down the aggregated production plan, specifying what individual products the factory will make each week. - ANS-True Time Fences: (choose all that apply) - Are derived directly from the aggregate plan - Provide stability and predictability to factory operations - Determine when a customer order can be cancelled without penalty - Determine when changes to the MPS can be made - ANS-- Provide stability and pre...

IME 410 Exam 1 Latest Version with Certified Solutions Production Plan Definition Annual (Y) -> Quarter (Q) -> Monthly (M) Aggregate plan deals with groups/families of products sets mfg. rates and labor size capacity resource requirements expansion/reduction of logistics system Top management responsibility Production Plan Strategy - Level Good anticipation/visibility Same PP for each period Production Plan Strategy - Chase Controls on-hand inventory Keep ...

WGU C215 Study Guide – FINAL with correct answers 2023 (New Questions) Total Quality Management (TQM) Philosophy - correct answer 1. customer focus 2. continuous improvement 3. employee empowerment 4. use of quality tools 5. product design 6. process management 7. managing supplier quality Process Capability Index (Cpk) - correct answer Basic function of Six Sigma. Measures the process potential and performance of processes. The higher the range of Cpk, the improved is the ability of...

1st Generation ERP - Enterprise Resource Planning. - These were interface software's that managed routine activities These were also designed for internal purposes only, not to support supply chain 2nd Generation ERP - Enterprise Resource Planning. - These were designed to help with the decision-making processes necessary to manage company supply chains. Basically, answering the question of whether to do business with a supplier or customer with the ERP software answering the question of ...

MGSC Test 2 (CH 8, 9, 10) Practice Study Exam Questions. The goal of aggregate planning is to satisfy demand in a way that minimizes profit. - CORRECT ANSWER FALSE Aggregate planning is a process by which a company determines levels of capacity, production, subcontracting, inventory, stockouts, and even pricing over a specified time horizon. - CORRECT ANSWER TRUE Aggregate planning solves problems involving aggregate decisions rather than stock keeping unit (SKU) level decisions. - CO...

aggregate production planning correct answers a managerial statement of time-phased production rates, work-force levels, and inventory investment, which takes into account customer requirements and capacity limitations - helps us attain our goals in the best way possible - Tactical Planning - helps us make decisions around our 3 capital intensive resources (production rates, workforce levels, and inventory investment) characteristics of APP correct answers 1. Aggregate: to combine - cla...

C215 WGU Operations Mgmt- Post Exam correctly answered 2023 Demand-Based Options - correct answer includes two reactive options and one proactive option Reactive option - correct answer the operations department uses inventories and back orders to react to demand fluctuations Proactive option - correct answer marketing tries to shift the demand patterns to minimize demand fluctuations Capacity-Based Options - correct answer changes output capacity to meet demand finished goods inven...