or10sr2022, 00:24 Your Resulls for "Multiple Choice” Your Results for: "Multiple Choice" Site Introduction to Operations and Supply Chain Management, 3e (International edition) Book Title: Introduction to Operations and Supply Chain Management, 3/e (International Edition) Book Author: Bozarth : Chapter 10: Sales and Operations Planning (Aggregate Planning) > Online Study Guide > Multiple Choice Date/Time August 31, 2022 at 6:54 PM (UTC/GMT) Submitted: Mo Print this page. Summary of Results 13% Correct of 15 Scores items: 2 Correct: ML 13% Bho: TT 57 information about scorin ‘The entire spectrum of process choices is available to a planner engaged in: Your Answer: tactical planning Correct Answer: strategic planning. INCORRECT. This time horizon is too short to make all possible process choices. Which of these statements about sales and operations planning (S&OP) is best? Your Answer: S&OP should be conducted independently by each member of the supply chain. Correct Answer: S&OP indicates how the organization will use its tactical capacity resources to meet expected customer demand. INCORRECT. S&OP should be coordinated among supply chain members ‘The number of business majors has held steady for the last decade and the complacent faculty saw no need to change any of the courses in the curriculum. This stability made Your Answer: bottom-up sales and operations planning an attractive approach. Correct Answer: top down sales and operations planning an attractive approach. INCORRECT. Bottom-up planning is appropriate if the product/service mix is unstable. Champion Cooling Company offers three primary services to customers; a "complete service" of their window air conditioner, a "walk-in installation” (design, fabrication, and installation of a commercial walk-in cooler or freezer), and a "service call" on a home air conditioning system, Based on past experience it is known that each of these services has different labor and materials demands and accounts for a certain percentage of their service requests (see table). Use the planning values technique to determine the necessary resources if 400 service requests are anticipated during the coming months. Percentage | Hours of Calls || Required Complete Service 7 4 $5 .oned.co.uklema_je_bozarth_intopscman_229/57294/14657297 cwrindex html 11s‘0108/2022, 00:24 ‘Your Results for "Multiple Choice” 1 60 $750 2 1 $35 Your Answer: Champion should have 2800 labor hours available during this period to meet all anticipated customer demand. Correct Answer: Champion should have 3600 labor hours available during this period to meet all anticipated customer demand, INCORRECT. This figure is too low. Top-down planning begins with: Your Answer: the feasibility study of each alternative production plan. Correct Answer: the aggregate sales forecast. INCORRECT. This occurs late in the planning cycle, ‘A lamp manufacturer enters a six month planning period with forecasts as indicated in the table. To make things as stable as possible, the sales and operations planner decides to use a level plan throughout the production period. The starting inventory is 185 units and the planner would like to end this period with no inventory. How much should they produce in May? Month Jan | Feb | Mar || Apr | May Jun Forecast || 233 | 385 | 263 || 326 || 195 | 277 Your Answer: 164 units Correct Answer: 249 units INCORRECT. This might be @ chase plan solution, This plot shows cumulative production and a cumulative forecast for a six month planning period. Which of the following statements is best? hitps:/lwps.pearsoned.co.uklema._je_bozarth_intopscman_9!225/57294/14667297 cwrindex html 25‘0108/2022, 00:24 ‘Your Results for "Multiple Choice” Forecast = = ~Actual ‘The two lines are at the same value in the June period. Your Answer: On a monthly basis, the company always makes less product than. thelr forecast, Correct Answer: The company is using a level plan for this six month period. INCORRECT. The company exceeds their forecast In three of the months. 8, CEES bottom-up planning is typically used when the products or services have different resource requirements and: Your Answer the no storage space exists for raw materials. Correct Answers the mix is unstable from one period to the next INCORRECT. This is not @ determining factor in whether a chase or evel plan is appropriate 9, CEEEEEEB wat information is displayed by 2 load profile? Your Answer: The forecasted number of orders forthe planning period Correct Answer: The capacity required based on the production plan. INCORRECT, The load profile does not show the number of orders 10. QLEEEEEEED ise the figures shown in the table to determine the net cash flow for the three month Period ending in December. Income i ipl Regular || overtime | Shipping Month | from | Labor | Labor | cost October [$12,340 | $2,450 |] $0 $748 November | $15,675 || $3,000 || $460 | $1,056 December | $24,890 || $3,000 || $1,135 || $1,890 hitps:lwps.pearsoned.co.uklema_je_bozarth_intopscman_3!229/57294/14667297 cwrindex html 35or10sr2022, 00:24 Your Rasulls for Mutiple Choice" aT Your Answer: $66,644 Correct Answer: $39,166 INCORRECT. This is the sum of all dollar amounts in the table; some represent income and some represent expenses. 11, GEER The natural progression of time periods that enter the planning horizon as the current period fades into the past is called Your Answer: a rolling planning horizon: CORRECT. 12, GEEEEEM the hospitality industry, cannot quickly add 3 room to a lodge. Instead, lodge managers use yield management, which varies a parameter directly under the managers control. Which parameter is changed under yield management? Your Answer: The price per room. CORRECT. 13. QQERIEEED which of these constitutes offfoading as presented in this chapter? Your Answer: Using a second shift of employees in addition to the regular 8-5 shift during the peak months. Correct Answer: Mandating that simple deposits and withdrawals are performed at an ATM rather than with alive teller. INCORRECT. This is an example of a tiered workforce 14, QQEEEEED A sales and operations planner is writing an optimization model to minimize the total production costs associated with a six month plan. Min Costs = Labor + Material + Holding He realizes that the labor and materials used in the six month period cannot exceed the amount available, so he writes two constraints as follows: Labor Hours Used < Labor Hours Available Materials Used < Materials Available ‘The forecast in each of the six periods is 200 units; it costs $10/hour for labor and takes 2 hours to make one unit. It costs $1 in materials to make a unit and $1/month to hold a Unit in inventory. What will the optimization model indicate as a minimum cost? Your Answer: $24,000 Correct Answer: $0 .oned.co.uklema._je_bozarth_intopscman_229/57294/14667297 cwrindex html ais‘0108/2022, 00:24 ‘Your Results for "Multiple Choice” INCORRECT. This is the labor cost without storage and materials, but the model won't make any product without a constraint forcing production to meet demand. 15, CE: ‘Some companies reach the point where sales and operations planning becomes a ‘competitive advantage. Which of these is NOT an indication of reaching this phase? Your Answer: "What if" analyses are a way of life and the SAOP database Is networked to provide ready access to SAOP data. Correct Answer: Capital equipment planning is performed on an annual basis at the start of the budget year. INCORRECT. This may be an indication that S&OP has become a source of competitive advantage. E-mail Your Results My name ts (first last): E-mail my results to: E-mail address: Send as: Ome Text v O instructor Text v Text v Text v Copyright © 1995-2013 Pearson Education. ‘Leaal and Privacy Notice rights reserved. hitps:/lwps.pearsoned.co.uklema._je_bozarth_intopscman_9!225/57294/14667297 cwrindex html 55