Which of the following best describes the strategic importance of short-term scheduling?
A) Effective scheduling, through lower costs, faster delivery, and more dependable schedules, can provide a competitive advantage.
B) Effective scheduling is a tactical tool for increasing demand to meet production.
C) Forward scheduling looks to future demand levels in order to increase customer satisfaction.
D) Aggregate planning is a tactical action, but short-term scheduling is strategic because of its immense impact on costs.
E) Short-term scheduling matches capacity to demand during the short term, three to eighteen months into the future.
2.
The three components that can lead to competitive advantage through effective scheduling are:
A) aggregate planning, intermediate scheduling, and medium-term planning.
B) forward scheduling, real-time scheduling, and backward scheduling.
C) the item master file, the routing file, and the work-center master file.
D) lower costs, faster delivery, and more dependable schedules.
E) Gantt charts, Johnson's rule and the Pareto principle.
3.
A firm uses graphical techniques in its aggregate planning efforts. Over the next twelve months (its intermediate period) it estimates the sum of demands to be 105,000 units. The firm has 250 production days per year. In January, which has 22 production days, demand is estimated to be 11,000 units. A graph of demand versus level production will show that:
A) the January requirement is below level production of 420 units.
B) level production is approximately 1000 units per day.
C) level production of 420 units per day is below the January requirement.
D) level production is approximately 420 units per month.
E) the firm must hire workers between December and January.
4.
Which of the following statements regarding finite capacity scheduling (FCS) is false?
A) Finite capacity scheduling allows delivery needs to be balanced against efficiency.
B) Finite capacity scheduling