10.Which component of linear programming represents the requirements or limitations that restrict the choices available? Multiple Choice...
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10.Which component of linear programming represents the requirements or limitations that restrict the choices available?
Multiple Choice
- Objective function
- Constraints
- Parameters
- Decision variables
11.Which statement concerning aggregate planning for services is accurate?
Multiple Choice
- Number of FTEs (full time equivalents) is often used to plan labour intensive services
- Services occur when they are rendered, so they can't be inventoried
- Matching capacity and demand each period is more important than it is for manufactured products
- All the statements are accurate
13.
An aggregate plan shows inventory at the end of May = 800 units Forecast demand for June = 1200 units Production output expected during June = 1100 units.
What is the expected inventory at the end of June?
Multiple Choice
- 1100 units
- 100 units
- 200 units
- 700 units
14.Rough-cut capacity planning is used:
Multiple Choice
- To calculate values for variables in a linear programming model for aggregate planning
- Only for aggregate planning in services where approximations are sufficient
- As an alternative to developing a master production schedule (MPS)
- To test the feasibility of a proposed master production schedule (MPS)
16.Sales and operations planning is the process of integrating ________ with ________.
Multiple Choice
- sales forecasts, operations plans
- service levels, master production schedule
- short term plans, intermediate plans
- production levels, manpower levels
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