The main trade-off in aggregate planning is between

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Reference no: EM132112649

1. The long term capacity planning procedure is called?

A. Sales and Operations Planning.

B. Resources Planning.

C. Master Production Scheduling.

D. RCCP.

2. The push/pull boundary is also called

A. Make-to-stock system.

B. A push system.

C. The customer order decoupling point.

D. Assemble-to-order system.

3. The CFPR system is:

A. Same as the ERP system.

B. Mainly used in retail industry.

C. Used in improving customer relationship.

D. Only A and B above.

4. The main trade-off in aggregate planning is between:

A. Inventory and Capacity costs.

B. Holding and shortage costs.

C. Hiring and firing costs.

D. None of the above.

5. Which of the following will most likely yield an optimal operation planning:

A. Level strategy.

B. Chase strategy.

C. Mixed strategy.

D. None of the above.

6. A level strategy is operation will likely yield:

A. Inventory cost but no capacity adjustment cost.

B. Hiring cost but no firing cost.

C. Both inventory and adjustment cost.

D. Holding cost but no shortage cost.

7. Which of the following is a valid objective function?

A. Max 4X1 + 2.5X2 + 3.9X3 = -4.5

B. Min 4X1 + 2X2 + 3.9X3 >= 0

C. 7X1 + 2X2 – 3.9X4

D. Min 4X1 + 5X2 – X3

8. The push/pull boundary for an MTO item divides the production lead time innto the following two parts:

A. Pull before and push after

B. Push before and Pull after

C. Entirely pull

D. Entirely push

9. Which of the following is NOT a production planning method?

A. SOP

B. MPS.

C. Resources planning

D. All of the above

10. Demand Management (DM) includes all of the following activities, except:

A. Forcasting

B. Product shipping

C. Entering customer orders

D. Aggregate planning

11. Master Production Scheduling is compeleted at which of the following levels?

A. Indiviual end product

B. Product family

C. Aggregate

D. Organizational unit

12. The objective in the LP formulation of an operation plan is:

A. Minimize total cost

B. Maximize total profit

C. Optimize production cost

D. Maximinze total cost

13. If the built process in ERP does not match a firm's current practice, one approcach in customization. Name one advantage and one disadvantage of this approach. Name the other approach?

14. What is the name for the medium term capacity planning module?

15 Name the two time fences. What does the X-axis represent?

Reference no: EM132112649

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