Planning componenet of sales and operations planning process

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Reference no: EM132171426

1. Considering our hierarchy of Planning Processes., what planning level might we consider relevant to intermediate-range capacity planning and a planning time horizon often (but not always) spanning three to eighteen months in the future?

A. strategic planning

B. material requirements planning

C. job scheduling

D. enterprise resource planning

E. aggregate planning

2. The Marketing Team is responsible for the Demand Planning componenet of Sales and Operations Planning process. Which of the following would generally not be considered in the Demand Planning process?

A. personal selling

B. promotion

C. subcontracting

D. back ordering

E. pricing

3. Kanban is a term used to indicate some type of Visual Signal in the replenishment process. Which statement best describes the use of Kanban in reducing inventories in a Just-in-Time type of Operation?

A. A supervisor signals to several work centers that the production rate should be changed.

B. A "supplier" work center signals the downstream workstation that a batch has been completed.

C. A "customer" work center signals to the "supplier" workstation that more parts are needed.

D. An operator asks the next station's operator to help him fix his machine.

E. A supervisor tells the operators to stay busy and start producing parts for next month.

4. Master Production Scheduling is an important component of our Planning hierarchy. Which statement is not correct regarding the Master Production Schedule?

A. The master production schedule is a sales forecast.

B. The master production schedule provides input to material requirements planning systems.

C. The master production schedule is a timetable that specifies what is to be made and when.

D. The master production schedule is a result of disaggregation

5. You are responsible for managing ordering of a product and have used the EOQ equation to determine optimum order of 40 units. However, things have changed and your cost of ordering has been reduced from $90 per order to only $10 per order. How does this change impact your optimum order quantity if you are using the EOQ as the basis for order execution? You should recalculate the EOQ. What would be the impact on your new order quantity?

A. three times as large.

B. one-third as large.

C. nine times as large.

D. one-ninth as large.

E. cannot be determined

Reference no: EM132171426

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