OM Mod 8 Quiz

Your test has been submitted successfully.
Question 1

0 / 1 point
Aggregate planning is capacity planning for
Question options:

A) tactical planning

B) aggregate planning

C) material requirements planning

D) short-range planning

Question 2

1 / 1 point
The objective of aggregate planning is to meet demand while__________ over the planning period.
Question options:

A) maximizing service level

B) minimizing fixed cost

C) minimizing cost

D) minimizing stock out

Question 3

1 / 1 point
Which of the following would most likely fall under the scope of only an operations manager?
Question options:

A) research and development

B) new product plans

C) setting inventory levels

D) capital investments

Question 4

1 / 1 point
Which of the following actions is consistent with the use of pure level strategy?
Question options:

A) use inventory to meet demand requirements

B) vary production levels to meet demand requirements

C) vary work force to meet demand requirements

D) use overtime to meet higher-than-average demand requirements

Question 5

1 / 1 point
"Yield management" is best described as
Question options:

A) a situation where management yields to labour demands.

B) management's selection of a product mix yielding maximum profits.

C) a situation where the labour union yields to management demands.

D) capacity allocation to different classes ot customers in order to maximize profits

Question 6

1 / 1 point
Dependent demand and independent demand items differ in that
Question options:

A) the need for independent-demand items is forecast.

B) for any product, all components are dependent-demand items.

C) the need for dependent-demand items is calculated.

D)
All of the above are true.

Question 7

1 / 1 point
Which of the following is not a key benefit of MRP?
Question options:

A) faster response to market changes

B) improved utilization of facilities

C) quality increases

D) better response