P370 Final Exam Question and
answers already passed 2025/2026
Aggregate Production Planning Section - correct answer ✔8 Questions:
6 Conceptual
2 Quantitative
Aggregate Production Planning (APP) - correct answer ✔A managerial statement of time-phased
production rates, workforce levels, and inventory investment, which takes into account customer
requirements and capacity limitations.
APP..... - correct answer ✔Helps you attain in the best way possible the objective(s) set.
Characteristics of Aggregate Production Planning - correct answer ✔1. Aggregate
2. Time Horizon
3. Time Buckets
4. Rolling Horizon
5. Nature of Business determines time breakdown
Aggregate - correct answer ✔1. Classes of Products
2. Labor or other inputs
3. Geographic location of production
4. Often fictitious
Time Horizon - correct answer ✔medium term
, Time Buckets - correct answer ✔divisions of horizons
Nature of Business determines time breakdown - correct answer ✔typically one year with one months
buckets
Lower Levels of Planning - correct answer ✔1. Master Production Scheduling (MPS)
2. Material Requirements Planning (MRP)
3. Shop Floor Scheduling
Master Production Scheduling (MPS) - correct answer ✔1. 1st level of disaggregation
2. Break-down into more real end-items
3. Typically Shorter time horizon (never longer) and finer buckets than APP
4. Typically implemented on rolling horizon
5. Formulated at lower organizational level than APP due to greater frequency of revision and greater
specificity.
Material Requirements Planning (MRP) - correct answer ✔Extreme detail, down to each nut and bolt
Shop Floor Scheduling - correct answer ✔detailed, actual production schedule
Three Pure Aggregate Plans:
To meet changes in demand - correct answer ✔1. Chase
2. Level
3. Stable Workforce
Characteristics of Three Pure Aggregate Plans - correct answer ✔1. Are three generic strategies that
represent extremes on a continuum.
answers already passed 2025/2026
Aggregate Production Planning Section - correct answer ✔8 Questions:
6 Conceptual
2 Quantitative
Aggregate Production Planning (APP) - correct answer ✔A managerial statement of time-phased
production rates, workforce levels, and inventory investment, which takes into account customer
requirements and capacity limitations.
APP..... - correct answer ✔Helps you attain in the best way possible the objective(s) set.
Characteristics of Aggregate Production Planning - correct answer ✔1. Aggregate
2. Time Horizon
3. Time Buckets
4. Rolling Horizon
5. Nature of Business determines time breakdown
Aggregate - correct answer ✔1. Classes of Products
2. Labor or other inputs
3. Geographic location of production
4. Often fictitious
Time Horizon - correct answer ✔medium term
, Time Buckets - correct answer ✔divisions of horizons
Nature of Business determines time breakdown - correct answer ✔typically one year with one months
buckets
Lower Levels of Planning - correct answer ✔1. Master Production Scheduling (MPS)
2. Material Requirements Planning (MRP)
3. Shop Floor Scheduling
Master Production Scheduling (MPS) - correct answer ✔1. 1st level of disaggregation
2. Break-down into more real end-items
3. Typically Shorter time horizon (never longer) and finer buckets than APP
4. Typically implemented on rolling horizon
5. Formulated at lower organizational level than APP due to greater frequency of revision and greater
specificity.
Material Requirements Planning (MRP) - correct answer ✔Extreme detail, down to each nut and bolt
Shop Floor Scheduling - correct answer ✔detailed, actual production schedule
Three Pure Aggregate Plans:
To meet changes in demand - correct answer ✔1. Chase
2. Level
3. Stable Workforce
Characteristics of Three Pure Aggregate Plans - correct answer ✔1. Are three generic strategies that
represent extremes on a continuum.
