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Sales and Operations Planning MCQ


Sales and Operations Planning MCQ

1. The focus of S&OP strategies in the service sector is primarily on ______.

Answer

Correct Answer: Workforce schedules

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2. ______ is a method using search decision rules to find the appropriate combination of production and workforce levels that will minimize costs.

Answer

Correct Answer: Simulation

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3. One of the primary activities of S&OP is acquiring ______ to meet expected demand.

Answer

Correct Answer: Human resources

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4. ______ is a demand-matching strategy in which production is geared toward producing whatever amount of goods is needed to meet demand.

Answer

Correct Answer: Chase strategy

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5. Three basic strategies can be used to create product family level sales and operations plans: level, ______, and mixed strategies.

Answer

Correct Answer: Integrated

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6. Three basic strategies can be used to create product family level sales and operations plans: level, ______, and mixed strategies.

Answer

Correct Answer: Chase

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7. The objective of the S&OP process is to generate plans for production levels, employment levels, and inventory levels at the ______.

Answer

Correct Answer: Minimum cost

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8. ______ is an optimization technique where the objective and constraint functions are linear and the variables are continuous.

Answer

Correct Answer: Linear decision rule

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9. ______ is an optimization approach that can be used to create aggregate plans, where the total production cost is represented by a single quadratic cost function, which is minimized using calculus.

Answer

Correct Answer: Supply planning

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10. In the level strategy, the rate of production output and ______ are held constant.

Answer

Correct Answer: Workforce levels

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11. ______ model uses the technique of regression analysis of past production decisions made by managers.

Answer

Correct Answer: Management coefficients

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12. The integration of customer-focused marketing plans for new and existing products with supply chain management is known as ______.

Answer

Correct Answer: Sales and operations planning

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13. ______ refers to maintaining constant production and workforce levels and using inventories to bridge the gap between demand and production.

Answer

Correct Answer: Level strategy

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14. ______ ensures there is sufficient manufacturing and distribution capacity to meet the demand forecasts.

Answer

Correct Answer: Supply planning

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15. Yield management is an approach for service companies with capacity constraints to _______ from its service operations

Answer

Correct Answer: Maximize revenue

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16. ______can be used to obtain optimum aggregate or distribution plans that can enable planners to balance capacity

Answer

Correct Answer: Transportation method

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17. Top-down planning divides the resources across the _______

Answer

Correct Answer: Individual products

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18. sufficient manufacturing and distribution capacity to meet the demand forecasts is known as

Answer

Correct Answer: Supply planning

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19. Simulation is a method that uses search decision rules to find the appropriate combination of production and workforce levels that will minimize costs

Answer

Correct Answer: True

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20. A process that incorporates sustainability into S&OP, intended not only to cover carbon emissions is known as

Answer

Correct Answer: Sales and operations planning

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21. The integration of customer-focused marketing plans for new and existing this statement true for

Answer

Correct Answer: Sales and operations planning

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22. Mixed strategy is a

Answer

Correct Answer: Hybrid strategy

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23. Management coefficients model uses the technique of regression analysis of past production decisions made by managers

Answer

Correct Answer: True

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24. _______ technique in which the objective and constraint functions are linear and the variables are continuous

Answer

Correct Answer: Linear programming

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25. Which approach that can be used to create aggregate plans in which the total production cost is represented by a single quadratic cost function

Answer

Correct Answer: Linear decision rule

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26. Level strategy Also known as level

Answer

Correct Answer: Level scheduling

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27. A consolidated sales and operations planning approach that can respond to frequently changing global supply and market conditions is known as

Answer

Correct Answer: Level strategy and Linear decision rule

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28. Which of correct statement about Financial planning

Answer

Correct Answer: Planning is a step-by-step approach to meet one's life goals

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29. ______ is a strategy in which production is geared toward producing whatever amount of goods are needed to meet demand

Answer

Correct Answer: Chase strategy

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30. _______Planning used when management calculates the resource requirements for each individual set of products or services

Answer

Correct Answer: Bottom-up planning

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31. A strategy in which employees of a service company are hired as contractors is known as

Answer

Correct Answer: Annualized hours strategy

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32. The process of matching supply and demand at the minimum total cost is known as

Answer

Correct Answer: Aggregate planning

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