Demand exceeds capacity - Study guides, Class notes & Summaries

P370 Final Exam Questions with 100% Correct Answers 2024 Aggregate Production Planning -answer A managerial statement of time-phased production rates, work-force levels, and inventory investment, which takes into account customer requirements and capacity limitations. -Plan w/ longest time horizon ex) one-year horizon with 12 month long time buckets -industries with high variability & rapid new product development will have a shorter time horizon w/ shorter time buckets -helps to attain...

CPIM PART 2 PRACTICE EXAM QUESTIONS AND ANSWERS LATEST 2024. which of the following is the most appropriate first step in a significant organizational change? - establishing a sense of urgency that changes needed which of the following actions is most effective when load chronically exceeds average capacity - revising the master schedule continuous production processes would be most appropriate for which of the following - generation of electric power a plant refines a raw material until ...

CPIM Part 2 Practice Exam 2 (2024) Questions and Correct Answers which of the following is the most appropriate first step in a significant organizational change? - Correct Answer establishing a sense of urgency that changes needed which of the following actions is most effective when load chronically exceeds average capacity - Correct Answer revising the master schedule continuous production processes would be most appropriate for which of the following - Correct Answer generation of ele...

CPIM PART 2 PRACTICE EXAM QUESTIONS AND ANSWERS LATEST 2024. which of the following is the most appropriate first step in a significant organizational change? - establishing a sense of urgency that changes needed which of the following actions is most effective when load chronically exceeds average capacity - revising the master schedule continuous production processes would be most appropriate for which of the following - generation of electric power a plant refines a raw material until ...

P370 FINAL EXAM!! Converting quarterly and annual business plans into broad output and labor requirements for the intermediate term is known as: Master production scheduling. Aggregate planning Master production scheduling. Rough-cut capacity planning. Materials requirements planning. Capacity requirements planning. Aggregate planning Which of the following is NOT a method used in aggregate planning to cope with fluctuations in demand? Backordering demand in peak periods Building ...

which of the following is the most appropriate first step in a significant organizational change? correct answers establishing a sense of urgency that changes needed which of the following actions is most effective when load chronically exceeds average capacity correct answers revising the master schedule continuous production processes would be most appropriate for which of the following correct answers generation of electric power a plant refines a raw material until a bulk liquid che...

P370 Final Exam Questions with 100% Correct Answers 2024 Aggregate Production Planning -answer A managerial statement of time-phased production rates, work-force levels, and inventory investment, which takes into account customer requirements and capacity limitations. -Plan w/ longest time horizon ex) one-year horizon with 12 month long time buckets -industries with high variability & rapid new product development will have a shorter time horizon w/ shorter time buckets -helps to attain...

14 Points - Answer W. Edwards Deming's 14 management practices to help companies increase their quality and productivity A3 Method - Answer A means of compactly describing a business process Abnormal Demand - Answer Demand in any period that is outside the limits established by management policy Absorption Costing - Answer An approach to inventory valuation in which variable costs and a portion of fixed costs are assigned to each unit production. Acceptable Quality Level (AQL) - Ans...

Capacity - Answer The max rate of output of a process or system What do long-term capacity plans involve? - Answer Investments in new facilities and equip at the organizational level, and require top mgmt participation and approval bc they are not easily reversed When choosing a capacity strategy, what do managers need to consider? - Answer How much of a cushion is needed for variable demand & should we expand capacity ahead of demand or wait until demand is more certain 2 ways capacity...

CPIM PART 2 PRACTICE EXAM QUESTIONS AND ANSWERS LATEST 2024. which of the following is the most appropriate first step in a significant organizational change? - establishing a sense of urgency that changes needed which of the following actions is most effective when load chronically exceeds average capacity - revising the master schedule continuous production processes would be most appropriate for which of the following - generation of electric power a plant refines a raw material until ...