Which of the following is NOT true about aggregate planning in service organizations?
A. Facilities are fixed
B. The possibility of changing both supply and demand variables
C. A time horizon of 12 months, on average, is used
D. Requires inventory and capacity tradeoff
E. A variety of management objectives
Effective scheduling often deals with which three conflicting objectives?
A. High profits, low inventories, and good customer service
B. Low inventories, high efficiency, and good customer service
C. High efficiency, high profits, and short lead-time
D. Low inventories, good customer service, and short lead-time
Average inventory under a Q system:
A. Tends to be less than under a system of periodic review at fixed internals
B. Is depleted at a constant rate
C. Is set to cover average demand over lead time plus the review intervals
D. Is relatively flat in the neighborhood of the minimum
The five measures of supply chain performance are:
A. Inventory, quality, time, delivery, and flexibility
B. Cost, quality, time, delivery, and reliability
C. Inventory, cost, quality, time, and delivery
D. Cost, quality, flexibility, delivery, and time
Which of the following statements regarding capacity is incorrect?
A. Capacity can be measured in several units such as hours of output, number of units produced, number of customers served, etc.
B. Capacity is the maximum output that could be produced over a period.
C. None of the listed answers
D. Effective capacity is generally less than the theoretical capacity.
E. It does not make sense to define the term 'maximum capacity' of a process.
Which of the following is NOT true about aggregate planning in service organizations?
A. Facilities are fixed
B. The possibility of changing both supply and demand variables
C. A time horizon of 12 months, on average, is used
D. Requires inventory and capacity tradeoff
E. A variety of management objectives
Effective scheduling often deals with which three conflicting objectives?
A. High profits, low inventories, and good customer service
B. Low inventories, high efficiency, and good customer service
C. High efficiency, high profits, and short lead-time
D. Low inventories, good customer service, and short lead-time
Average inventory under a Q system:
A. Tends to be less than under a system of periodic review at fixed internals
B. Is depleted at a constant rate
C. Is set to cover average demand over lead time plus the review intervals
D. Is relatively flat in the neighborhood of the minimum