Which is best describes aggregate planning

Assignment Help Business Management
Reference no: EM131236464

1. Managers have obligations to a wide variety of stakeholders such as shareholders, employees and customers. When considering outsourcing production to offshore suppliers, managers have to weigh __.
I) Cost benefits that might make shareholders wealthier
II) Quality issues that might make firms less productive and/or products riskier
III) The investments already tied up in relationships with existing suppliers
A. I
B. II
C. III
D. I and II
E. . I, II and III

2. The typical difference between "quality circles" and "continuous improvement teams" is ___.
A. Quality circles work on product design only.
B. Continuous improvement teams work on product and process design.
C. Continuous improvement teams use only engineers while quality circles use just the workers doing the work.
D. the amount of employee empowerment
E. There is no difference-they are just the same.

3. A tool that depicts process variation graphically is a(n) _________.
A. Affinity diagram
B. Check list
C. Control Chart
D. Flow Chart
E. Relationship diagram

4. A chart showing the number of occurrences by category would be used in:
A. Pareto analysis
B. interviewing
C. cause-and-effect diagrams
D. benchmarking
E. none of the above

5. A process results in a few defects occurring in each unit of output. Long-run, these defects should be monitored with ___________.
A. p-charts
B. c-charts
C. x-bar charts
D. r-charts
E. o-charts

6. Studies on a bottle-filling machine indicates it fills bottles to a mean of 16 ounces with a standard deviation of 0.10 ounces. What is the process specification, assuming the Cpk index of 1?
A.0.10 ounces
B.0.20 ounces
C.0.30 ounces
D.16.0 ounces plus or minus 0.30 ounces
E.none of the above

7. Which of the following relationships must always be incorrect?
A. Tolerances > control limits > process variability
B. Process variability > control limits > tolerances
C. Process variability > tolerances > control limits
D. Tolerances < control limits < process variability
E. Tolerances > process variability > control limits

8. Which of the following are typically in play in a circumstance in which yield management is worthwhile?
(I) Perishable capacity
(II) Ample finished goods storage
(III) Demand variability
(IV) Low holding costs
A. I, II, and IV only
B. I and III only
C. III only
D. II and III only
E. II, III, and IV only

9. Aggregate planners attempt to balance:
A. demand and inventories.
B. demand and costs.
C. capacity and inventories.
D. capacity and costs.
E. capacity and demand.

10. Which of the following best describes aggregate planning?
A. the link between intermediate-term planning and short-term operating decisions
B. a collection of objective planning tools
C. make-or-buy decisions
D. an attempt to respond to predicted demand within the constraints set by product, process, and location decisions
E. manpower planning

11. In order to use the level capacity strategy, variations in demand are met by:
A. varying output during regular time without changing employment levels.
B. varying output during regular time by changing employment levels.
C. varying output by changing overtime levels.
D. using combination of inventories, overtime, part time, and back orders.
E. price adjustments.

12. The multiplication process used by MRP to determine lower-level requirements is called:
A. time-phasing.
B. pegging.
C. netting.
D. projecting.
E. exploding.

13.Capacity requirements planning helps managers reconcile __________ with __________.
A. what is needed; what has been done
B. what is needed; what is possible
C. what has been done; who will be doing it
D. what needs to be done; where it will be done
E. what has been done; how much what needs to be done will cost

14. An effort to expand the scope of production resource planning by involving other functional areas in the planning process has been:
A. material requirements planning.
B. capacity requirements planning.
C. manufacturing resources planning.
D. just-in-time planning.
E. multifunctional relationships planning.

15. Which of the following most closely describes net material requirements?
A) gross requirements - planned order receipts
B) gross requirements - on-hand + planned order receipts
C) gross requirements - on-hand - planned order receipts
D) gross requirements - planned order releases
E) none of the above

16. The _________ of ERP makes it valuable as a strategic planning tool.
A. Internet base
B. rapid batch capability
C. employee focus
D. real-time aspect
E. database structure

17. Because 'courtesy' is subjective, it can't be considered a factor in service quality
TRUE
FALSE

18. High-cost, low-volume items often require careful inspection since we make them so infrequently.
TRUE
FALSE

19. Linear programming models yield the optimal solution.
TRUE
FALSE

20. In MRP, EOQ models tend to be less useful for materials at the lowest levels than for upper level assemblies of the bill of materials since higher-level assemblies have larger dollar investments.
TRUE
FALSE

21. Load reports show capacity requirements for departments or work centers which may be more or less than the capacity available in that work center.
TRUE
FALSE.

Reference no: EM131236464

Questions Cloud

How does ethics impact an organizations overall culture : How can leaders and their leadership styles impact the ethical practices within an organization? How does ethics impact an organization's overall culture?
British in the american revolution : How were the African slaves treated by the British in the American Revolution? How did the prolonged absence of men from home, both during and after the Revolution, affect women's work and ideas about their own rights?
Write a template that implements a container class : How would you deal with functionality offered by the nonstandard vectorbut not by the standard vector?
Describe the columbian exchange : Describe the Columbian Exchange. What are some examples of crops that had great effect in both the New and Old Worlds?
Which is best describes aggregate planning : Which of the following best describes aggregate planning? An effort to expand the scope of production resource planning by involving other functional areas in the planning process has been.
Consider the schottky transistor circuit : Consider the Schottky transistor circuit in Figure. Assume parameter values of β = 50, VBE (on) = 0.7 V, and Vγ = 0.3 V for the Schottky diode. - Determine IB, ID, IC, and VCE.
How exploration of the seas affected : Identify three cultures (groups) and how exploration of the seas affected them both positively and negatively.
Internal evolution of a number of the english colonies : Religious controversy in the seventeenth century was a powerful force in the internal evolution of a number of the English colonies. Discuss how conflicts centering on religion shaped the colonies of Maryland, Massachusetts, and Rhode Island.
What are social and ethical implications of such excessive : What are the social and ethical implications of such excessive (one-sided) negative reporting? Did this case change your mind? Explain your answer?

Reviews

Write a Review

Business Management Questions & Answers

  Sustainable businesswhat are some advantages and

sustainable businesswhat are some advantages and disadvantages in using highly structured formal project management

  Deontological and teleological frameworks of business ethics

What are the deontological and teleological frameworks of business ethics? Give examples of them in today's business environment

  Explain the theme of the constitution of the commonwealth

Explain the theme of this lesson in the Constitution of the Commonwealth, requires critical reflection on its content and implications.

  Economic indicators are economic statistics

Economic indicators are economic statistics that tell us how well the economy is doing. The GDP, unemployment rate, and inflation rate are the most common macroeconomic indicators. The GDP is the total value of all final goods and services pro..

  Result in loss of personal information

Question 1. Social media sites result in loss of personal information because

  China and india have demonstrated trends toward western

China and India have demonstrated trends toward Western-style consumption over the last decade. Given the emphasis on the youth market in the US over the last 60 years (since the baby boom), what can you suggest for marketers in these youth-oriented ..

  Evaluation of mission and vision statement for a

evaluation of mission and vision statement for a universitycan you evaluate and write a paper about the following

  Three principal types of financial institutions

Briefly discuss the purpose and role that each the three principal types of financial institutions (depository, contractual, and investment) play in the U.S. economy. How do each of these institutions intersect with the various types of markets

  Impact of conflict in employees on productivity

Impact of conflict in employees on organisational productivity" in Coca Cola Amatil Ltd., New Zealand - Conduct a preliminary review of the literature

  Analyse the problems facing the simkin cafe chain

Is this an issue or problem that is concerned with one or several aspects of the subject area - which theories and concepts you have covered might help you to explain what is going on?

  Percentage points of proportion for whole campus

How many students would need to be included in a random sample of students if you want to be 95% confident that your sample estimator is within 2 percentage points of the proportion for the whole campus? Calculate the sample size under each of the..

  Explain what influences the exchange relationship

Issues facing companies who should market products that may not be an easy sell. What influences the exchange relationship when the customer doesn't particularly want to BE

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd