27. 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

28. Accommodating
peak demands and effectively using labor resources during periods of low demand
would be the goal of aggregate planners in
A. Manufacturing
B. Military
C. Archeology
D. Libraries
E. Financial
Services

29. Aggregate
planning is capacity planning for:
A. the
long range
B. the
intermediate range
C. the
short range
D. typically
one to three months
E. typically
one or more years

30. One
area to which aggregate planning decisions relate is:
A. job
sequencing
B. customer
order quantities
C. inventory
levels
D. location
E. layout

31. Which
of the following is an input to aggregate planning?
A. beginning
inventory
B. forecasts
for each period of the schedule
C. customer
orders
D. all
of the above
E. quantity
discounts

32. Essentially,
the output of aggregate planning is the:
A. marketing
plan
B. production
plan
C. rough-cut
capacity plan
D. assignment
plan
E. material
requirements plan

33. In
doing “aggregate planning” for a firm producing paint, the aggregate
planners would most likely deal with:
A. just
gallons of paint, without concern for the different colors and sizes
B. gallons
of paint, but be concerned with the different colors to be produced
C. gallons,
quarts, pints, and all the different sizes to be produced
D. all
the different sizes and all the different colors by size
E. none
of the above

34. Aggregate
planning requires which of the following information?
A. a
forecast of expected demand
B. current
levels of inventory
C. (a)
and (b)
D. policies
regarding employment levels
E. all
of the above

35. 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

36. Which
of the following is not an input to the aggregate planning
process?
A. resources
available
B. demand
forecast
C. policies
on work force changes
D. master
production schedules
E. cost
information

37. Which
one of the following would not be considered a decision option for
purposes of aggregate planning?
A. inventory
levels
B. manpower
levels
C. pricing
D. production
costs
E. promotion

38. Which
of the following is nota basic option for altering the availability of
capacity in a service environment?
A. overtime
B. hiring/layoff
C. part
time
D. inventory
E. All
of these are basic capacity options.

39. Which
one of the following is not a basic option for altering demand?
A. promotion
B. backordering
C. pricing
D. subcontracting
E. All
are demand options.

40. One
option for altering the pattern of demand is:
A. backorders
B. overtime
C. part-time
workers
D. inventories
E. subcontracting

41. Which
of the following would not be a strategy associated with adjusting
aggregate capacity to meet expected demand?
A. subcontract
B. vary
the size of the workforce
C. vary
the intensity of workforce utilization
D. allow
inventory levels to vary
E. use
backorders

42. One
option for altering the availability of manufacturing capacity is:
A. pricing
B. promotion
C. backorders
D. inventories
E. none
of the above apply to manufacturing capacity

43. One
option for altering the availability of capacity is:
A. use
of overtime or slack time
B. pricing
C. promotion
D. backorders
E. none
of the above

44. 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. (a)
and (b)
D. using
combination of inventories, overtime, part time, and back orders
E. price
adjustments

45. In
using the “chase strategy” variations in demand could be met
by:
A. varying
output during regular time without changing employment levels
B. varying
output during regular time by changing employment levels
C. (a)
and (b)
D. varying
inventory levels
E. price
increases

46. Uncommitted
inventory is called
A. Available-to-promise
inventory
B. Free
inventory
C. Safety
stock
D. Lead
time inventory
E. Obsolete
inventory

47. Aggregate
planners seek to match supply and demand:
A. at
minimum overall cost
B. by
staying within company policy
C. (a)
and (b)
D. keeping
inventories at a minimum
E. all
of the above

48. In
practice, the more commonly used techniques for aggregate planning are:
A. mathematical
techniques
B. informal
trial-and-error techniques
C. (a)
and (b) about equally
D. simulation
models
E. linear
programming optimization

49. The
main disadvantage(s) of informal techniques used for aggregate planning
is(are):
A. they
are expensive to do
B. they
may not result in the best plan
C. they
take a long time to do
D. they
require use of a computer
E. lack
of formal education of the planners

50. Inventory
information for firm ABC:
.png”>
What
is the expected inventory at the end of April, 1999?
A. 350
B. 250
C. 150
D. 50
E. none
of the above

51. Inventory
information for firm ABC:
.png”>
What
was the inventory at the end of March, 1999?
A. 350
B. 250
C. 150
D. 50
E. none
of the above

52. Linear
programming to produce an aggregate plan:
A. will
produce the best plan if accurate inputs are used
B. is
the most widely used technique
C. (a)
and (b)
D. will
produce a plan that may not be the best plan
E. requires
an excel spread sheet

53. Simulation
to produce an aggregate plan:
A. will
produce the best plan
B. is
the most widely used technique
C. both
(a) and (b)
D. will
produce a plan that may not be the best plan
E. requires
a minimum of 4 iterations to be accurate

54. Which
term is most closely associated with the term disaggregation?
A. subcontracting
B. master
schedule
C. diversity
D. varying
inventory levels
E. firing
and laying off

55. The
direct result of disaggregating the aggregate plan is the:
A. marketing
plan
B. production
plan
C. rough-cut
capacity plan
D. master
schedule
E. material
requirements plan

56. Moving
from the aggregate plan to a master production schedule requires:
A. rough
cut capacity planning
B. disaggregation
C. sub-optimization
D. strategy
formulation
E. chase
strategies

57. That
portion of projected inventory which enables marketing to make realistic
commitments about delivery dates for new orders is:
A. beginning
inventory
B. safety
stock inventory
C. available-to-promise
inventory
D. high
margin inventory
E. none
of the above

58. Proactive
and Reactive aggregate planning strategies are best associated with:
A. Input
and Output
B. Make
and Buy
C. Quantitative
and Qualitative
D. Exact
and Approximate
E. Demand
and Capacity options27. 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 28. Accommodating
peak demands and effectively using labor resources during periods of low demand
would be the goal of aggregate planners in
A. Manufacturing
B. Military
C. Archeology
D. Libraries
E. Financial
Services 29. Aggregate
planning is capacity planning for:
A. the
long range
B. the
intermediate range
C. the
short range
D. typically
one to three months
E. typically
one or more years 30. One
area to which aggregate planning decisions relate is:
A. job
sequencing
B. customer
order quantities
C. inventory
levels
D. location
E. layout 31. Which
of the following is an input to aggregate planning?
A. beginning
inventory
B. forecasts
for each period of the schedule
C. customer
orders
D. all
of the above
E. quantity
discounts 32. Essentially,
the output of aggregate planning is the:
A. marketing
plan
B. production
plan
C. rough-cut
capacity plan
D. assignment
plan
E. material
requirements plan 33. In
doing “aggregate planning” for a firm producing paint, the aggregate
planners would most likely deal with:
A. just
gallons of paint, without concern for the different colors and sizes
B. gallons
of paint, but be concerned with the different colors to be produced
C. gallons,
quarts, pints, and all the different sizes to be produced
D. all
the different sizes and all the different colors by size
E. none
of the above 34. Aggregate
planning requires which of the following information?
A. a
forecast of expected demand
B. current
levels of inventory
C. (a)
and (b)
D. policies
regarding employment levels
E. all
of the above 35. 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 36. Which
of the following is not an input to the aggregate planning
process?
A. resources
available
B. demand
forecast
C. policies
on work force changes
D. master
production schedules
E. cost
information 37. Which
one of the following would not be considered a decision option for
purposes of aggregate planning?
A. inventory
levels
B. manpower
levels
C. pricing
D. production
costs
E. promotion 38. Which
of the following is nota basic option for altering the availability of
capacity in a service environment?
A. overtime
B. hiring/layoff
C. part
time
D. inventory
E. All
of these are basic capacity options. 39. Which
one of the following is not a basic option for altering demand?
A. promotion
B. backordering
C. pricing
D. subcontracting
E. All
are demand options. 40. One
option for altering the pattern of demand is:
A. backorders
B. overtime
C. part-time
workers
D. inventories
E. subcontracting 41. Which
of the following would not be a strategy associated with adjusting
aggregate capacity to meet expected demand?
A. subcontract
B. vary
the size of the workforce
C. vary
the intensity of workforce utilization
D. allow
inventory levels to vary
E. use
backorders 42. One
option for altering the availability of manufacturing capacity is:
A. pricing
B. promotion
C. backorders
D. inventories
E. none
of the above apply to manufacturing capacity 43. One
option for altering the availability of capacity is:
A. use
of overtime or slack time
B. pricing
C. promotion
D. backorders
E. none
of the above 44. 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. (a)
and (b)
D. using
combination of inventories, overtime, part time, and back orders
E. price
adjustments 45. In
using the “chase strategy” variations in demand could be met
by:
A. varying
output during regular time without changing employment levels
B. varying
output during regular time by changing employment levels
C. (a)
and (b)
D. varying
inventory levels
E. price
increases 46. Uncommitted
inventory is called
A. Available-to-promise
inventory
B. Free
inventory
C. Safety
stock
D. Lead
time inventory
E. Obsolete
inventory 47. Aggregate
planners seek to match supply and demand:
A. at
minimum overall cost
B. by
staying within company policy
C. (a)
and (b)
D. keeping
inventories at a minimum
E. all
of the above 48. In
practice, the more commonly used techniques for aggregate planning are:
A. mathematical
techniques
B. informal
trial-and-error techniques
C. (a)
and (b) about equally
D. simulation
models
E. linear
programming optimization 49. The
main disadvantage(s) of informal techniques used for aggregate planning
is(are):
A. they
are expensive to do
B. they
may not result in the best plan
C. they
take a long time to do
D. they
require use of a computer
E. lack
of formal education of the planners 50. Inventory
information for firm ABC:
.png”>
What
is the expected inventory at the end of April, 1999?
A. 350
B. 250
C. 150
D. 50
E. none
of the above 51. Inventory
information for firm ABC:
.png”>
What
was the inventory at the end of March, 1999?
A. 350
B. 250
C. 150
D. 50
E. none
of the above 52. Linear
programming to produce an aggregate plan:
A. will
produce the best plan if accurate inputs are used
B. is
the most widely used technique
C. (a)
and (b)
D. will
produce a plan that may not be the best plan
E. requires
an excel spread sheet 53. Simulation
to produce an aggregate plan:
A. will
produce the best plan
B. is
the most widely used technique
C. both
(a) and (b)
D. will
produce a plan that may not be the best plan
E. requires
a minimum of 4 iterations to be accurate 54. Which
term is most closely associated with the term disaggregation?
A. subcontracting
B. master
schedule
C. diversity
D. varying
inventory levels
E. firing
and laying off 55. The
direct result of disaggregating the aggregate plan is the:
A. marketing
plan
B. production
plan
C. rough-cut
capacity plan
D. master
schedule
E. material
requirements plan 56. Moving
from the aggregate plan to a master production schedule requires:
A. rough
cut capacity planning
B. disaggregation
C. sub-optimization
D. strategy
formulation
E. chase
strategies 57. That
portion of projected inventory which enables marketing to make realistic
commitments about delivery dates for new orders is:
A. beginning
inventory
B. safety
stock inventory
C. available-to-promise
inventory
D. high
margin inventory
E. none
of the above 58. Proactive
and Reactive aggregate planning strategies are best associated with:
A. Input
and Output
B. Make
and Buy
C. Quantitative
and Qualitative
D. Exact
and Approximate
E. Demand
and Capacity options