DSOM QUIZ 3 AND ANSWERS WITH COMPLETE
SOLUTIONS GRADED A++
Aggregate planning is capacity planning that typically covers a time horizon of
one to three months
False, 2-12 Months
An advantage of a "chase" strategy for aggregate planning is that inventories can
be kept relatively low
TRUE
Aggregate planning is capacity planning for
the intermediate range
In doing aggregate planning for a firm producing paint, the aggregate planners
would most likely deal with
just gallons of paint, without concern for the different colors and sizes
Which of the following is not an input to the aggregate planning process
master production schedules
Uncommitted inventory is called
available-to-promise inventory
Using dynamic pricing in response to capacity variability to ensure that
perishable inventory is not wasted is known as
yield management
SOLUTIONS GRADED A++
Aggregate planning is capacity planning that typically covers a time horizon of
one to three months
False, 2-12 Months
An advantage of a "chase" strategy for aggregate planning is that inventories can
be kept relatively low
TRUE
Aggregate planning is capacity planning for
the intermediate range
In doing aggregate planning for a firm producing paint, the aggregate planners
would most likely deal with
just gallons of paint, without concern for the different colors and sizes
Which of the following is not an input to the aggregate planning process
master production schedules
Uncommitted inventory is called
available-to-promise inventory
Using dynamic pricing in response to capacity variability to ensure that
perishable inventory is not wasted is known as
yield management
