Which of the following aggregate planning strategies is a demand option? changing inventory levels varying production...
Which of the following aggregate planning strategies is a demand option?
- changing inventory levels
- varying production levels
- using part-time workers
- subcontracting
- changing price
Homework Answers
The correct answer is changing price.
Aggregate planning is the intermediate-range capacity planning in production planning that covers the time horizon of two to twelve months. The demand options in aggregate planning include price, promotion, back orders and new demand.
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Which of the following aggregate planning strategies is a demand option?
changing inventory levels
varying production...
An example of a demand option in aggregate operations planning is the use of backorders. True...
An example of a demand option in aggregate operations planning is the use of backorders. True or False. Which of the following is not a master production scheduling zones? a. Planning b. Emergency c. Trading d. Production
Andree’s All-American manufactures fashionable tennis wear, needs help planning production for next year. Demand for tennis...
Andree’s All-American manufactures fashionable tennis wear, needs help planning production for next year. Demand for tennis gear is fairly stable, but has peaks during the summer months. Month Demand Forecast January 500 February 300 March 200 April 1500 May 2500 June 3500 July 4500 August 2500 September 500 October 300 November 300 December 2500 Beginning workforce 9 workers Production per day 9 units per employee Production cost during regular time $50 per unit Subcontracting cost $75 per unit Increasing production...
1. Aggregate Planning 2. Supply Chain Management 3. Master Scheduling 4. Inventory Management 5. Demand Forecasting...
1. Aggregate Planning 2. Supply Chain Management 3. Master Scheduling 4. Inventory Management 5. Demand Forecasting and Lead Times 6. Economic Order models 7. Economic Production Quantities 8. Strategies for managing uneven demand 9. Tools and/or systems used to control inventory, establish EOQs, and forecast demand 10. Day-to-day scheduling methods and systems IMPORTANT: Once you have a good handle on each of these concepts and how they affect a business, pick any 4 concepts that you want to evaluate where...
1. The quantity of output supplied at different price levels is represented by the a. production function. b. aggregate demand curve. c. aggregate supply curve. d. aggregate expenditures curve.
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Gang Aft Agley, a manufacturing company, faces the aggregate planning problem shown in the table below....
Gang Aft Agley, a manufacturing company, faces the aggregate planning problem shown in the table below. Cost of regular production is $5 per unit, the cost of producing the same unit on overtime is $7.50, the cost of subcontracting is S9 per unit, an<d the cost of carrying a unit in inventory from one month to the next is $2 The labor contract at the plant prohibits overtime output to exceed 300 units in any five month window (that is...
AGGREGATE PLANNING Garden Hub makes a single product, a garden tool that sells for $40. Garden Hub starts with 1000 of these tools in inventory and is expected to end with at least 500 in stock. Garde...
AGGREGATE PLANNING
Garden Hub makes a single product, a garden tool that sells for
$40. Garden Hub starts with 1000 of these tools in inventory and is
expected to end with at least 500 in stock. Garden Hub can
temporarily backlog demand for a cost, but at the end of the time
horizon, they require their backlog to be zero – This is an
important constraint to remember- if we forget it, we will get
strange results . Production costs...
The following is simplified aggregate planning information (no hiring or layoff is expected): July August September...
The following is simplified aggregate planning information (no hiring or layoff is expected): July August September Beginning inventory, units 105 Demand forecast, units 610 530 720 Safety stock, units Production requirements, units Workers required 20 20 20 New workers hired 0 0 0 Workers laid off 0 0 0 Actual production, units 650 650 650 Ending inventory, units Consider that these months have the same number of workdays. There will be no new hiring or layoffs during the 3-month period....
Which of the following is NOT a method of Aggregate Production Planning that was discussed in...
Which of the following is NOT a method of Aggregate Production Planning that was discussed in class A. Linear Programming B. Linear Decision Rule C. Simulation D. Management Coefficients Model E. Factor Rating Method
29. A major difference between facilities planning and scheduling is that: A. Facilities planning...
29. A major difference between facilities planning and scheduling is that: A. Facilities planning refers to long-range capacity plan and scheduling refers to short-range capacity plan. B. Facilities planning is concerned with allocating available resources and scheduling with the acquisition of resources. C. Facilities planning refers to medium-range resource requirement and scheduling refers to long-range capacity requirement. D. None of the above. 30. Suppose the cost of not having adequate capacity is very high. What type of capacity cushion strategy...
29. A major difference between facilities planning and scheduling is that: A. Facilities planning refers to...
29. A major difference between facilities planning and scheduling is that: A. Facilities planning refers to long-range capacity plan and scheduling refers to short-range capacity plan. B. Facilities planning is concerned with allocating available resources and scheduling with the acquisition of resources. C. Facilities planning refers to medium-range resource requirement and scheduling refers to long-range capacity requirement. D. None of the above. 30. Suppose the cost of not having adequate capacity is very high. What type of capacity cushion strategy...
Gang Aft Agley, a manufacturing company, faces the aggregate planning problem shown in the table below. Cost of regular production is $5 per unit, the cost of producing the same unit on overtime is $7.50, the cost of subcontracting is S9 per unit, an<d the cost of carrying a unit in inventory from one month to the next is $2 The labor contract at the plant prohibits overtime output to exceed 300 units in any five month window (that is...
AGGREGATE PLANNING
Garden Hub makes a single product, a garden tool that sells for
$40. Garden Hub starts with 1000 of these tools in inventory and is
expected to end with at least 500 in stock. Garden Hub can
temporarily backlog demand for a cost, but at the end of the time
horizon, they require their backlog to be zero – This is an
important constraint to remember- if we forget it, we will get
strange results . Production costs...
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