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 |
Homework Answers
E. Factor Rating Method is NOT a method of Aggregate Production Planning that was discussed in class. Whereas the remaining ones are various methods of Aggregate Production Planning.
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Which of the following is NOT a method of Aggregate Production
Planning that was discussed in...
Production Management #3 Explain the meaning of capacity planning. Identify and explain the different classifications of...
Production Management #3 Explain the meaning of capacity planning. Identify and explain the different classifications of capacity planning. Enumerate and discuss the different factors affecting capacity planning. Please elaborate. Production Management #4 Discuss the relevance of Linear Programming. Enumerate the properties of linear programming and steps for graphical method and simplex method.
Select all false statements. A. The output from aggregate planning is a master schedule covering the...
Select all false statements. A. The output from aggregate planning is a master schedule covering the next 2 to 12 months. B. Capacity can be modified in aggregate planning by inventory and producing additional product using overtime. C. Organizations facing seasonal changes in demand are prevented from using chase strategy in aggregate planning. D. The overriding factor in choosing a strategy in aggregate planning is overall cost. E. Aggregate planning indicates the quantity and timing for delivery of a product...
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
1. Which of the following is an example of the management activity referred to as planning?...
1. Which of the following is an example of the management activity referred to as planning? a. Developing a strategy for disposing of hazardous waste. b. The decision to eliminate an unprofitable segment of an organization. c. The decision to outsource an organization's payroll processing. d. All of these are correct 2. Investigating production variances and adjusting the production process is an example of a. planning. b. controlling c. decision making. d. all of these 3. Assigning costs to cost...
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
17. Consider the Keynesian model discussed in class. If Y>PAE, then the economy: a. Is in...
17. Consider the Keynesian model discussed in class. If Y>PAE, then the economy: a. Is in equilibrium and experiencing a contractionary gap b. Is in equilibrium and inventories are lower than planned Is in disequilibrium and experiencing an expansionary gap c. d. Is in disequilibrium and inventories are higher than planned 18. Consider the Keynesian model discussed in class. If the re is a contractionary gap, then the economy: a. Is in equilibrium and inventories are higher than planned b....
The Operational Planning Pyramid was presented in a class handout and discussed on the slides. Which...
The Operational Planning Pyramid was presented in a class handout and discussed on the slides. Which of the following statements regarding that handoutdiscussion is are not true? a The operations pyramid is one side of a multi-sided pyramid. Other functional areas (marketing, finance, etc.) would have their own sides of the pyramid. b. The business plan is at the top of the pyramid. As you move from the top to the bottom of the pyramid, you move from short-term to...
Which of the following is a factor that should have been included or discussed in Stampede’s...
Which of the following is a factor that should have been included or discussed in Stampede’s credit application? A. five years of forecasted financials instead of three years. B. Comprehensive analysis of Stampede’s two main competitors. C. Succession planning regarding the likely impending retirement of the CEO. D. Risks of company management being run entirely by the same family.
Which of the following is NOT a method we discussed in lecture to combat adverse selection:...
Which of the following is NOT a method we discussed in lecture to combat adverse selection: a) Mandatory insurance b) Paying workers piece rate c) Lemon laws d) Standards and certification e) Signaling, such as a money back guarantee
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...
1. Which of the following is an example of the management activity referred to as planning? a. Developing a strategy for disposing of hazardous waste. b. The decision to eliminate an unprofitable segment of an organization. c. The decision to outsource an organization's payroll processing. d. All of these are correct 2. Investigating production variances and adjusting the production process is an example of a. planning. b. controlling c. decision making. d. all of these 3. Assigning costs to cost...
17. Consider the Keynesian model discussed in class. If Y>PAE, then the economy: a. Is in equilibrium and experiencing a contractionary gap b. Is in equilibrium and inventories are lower than planned Is in disequilibrium and experiencing an expansionary gap c. d. Is in disequilibrium and inventories are higher than planned 18. Consider the Keynesian model discussed in class. If the re is a contractionary gap, then the economy: a. Is in equilibrium and inventories are higher than planned b....
The Operational Planning Pyramid was presented in a class handout and discussed on the slides. Which of the following statements regarding that handoutdiscussion is are not true? a The operations pyramid is one side of a multi-sided pyramid. Other functional areas (marketing, finance, etc.) would have their own sides of the pyramid. b. The business plan is at the top of the pyramid. As you move from the top to the bottom of the pyramid, you move from short-term to...
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...
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