1. The focus of S&OP strategies in the service sector is primarily on ______.
Answer
Correct Answer:
Workforce schedules
Note: This Question is unanswered, help us to find answer for this one
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
Note: This Question is unanswered, help us to find answer for this one
3. One of the primary activities of S&OP is acquiring ______ to meet expected demand.
Answer
Correct Answer:
Human resources
Note: This Question is unanswered, help us to find answer for this one
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
Note: This Question is unanswered, help us to find answer for this one
5. Three basic strategies can be used to create product family level sales and operations plans: level, ______, and mixed strategies.
Answer
Correct Answer:
Integrated
Note: This Question is unanswered, help us to find answer for this one
6. Three basic strategies can be used to create product family level sales and operations plans: level, ______, and mixed strategies.
Answer
Correct Answer:
Chase
Note: This Question is unanswered, help us to find answer for this one
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
Note: This Question is unanswered, help us to find answer for this one
8. ______ is an optimization technique where the objective and constraint functions are linear and the variables are continuous.
Answer
Correct Answer:
Linear decision rule
Note: This Question is unanswered, help us to find answer for this one
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
Note: This Question is unanswered, help us to find answer for this one
10. In the level strategy, the rate of production output and ______ are held constant.
Answer
Correct Answer:
Workforce levels
Note: This Question is unanswered, help us to find answer for this one
11. ______ model uses the technique of regression analysis of past production decisions made by managers.
Answer
Correct Answer:
Management coefficients
Note: This Question is unanswered, help us to find answer for this one
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
Note: This Question is unanswered, help us to find answer for this one
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
Note: This Question is unanswered, help us to find answer for this one
14. ______ ensures there is sufficient manufacturing and distribution capacity to meet the demand forecasts.
Answer
Correct Answer:
Supply planning
Note: This Question is unanswered, help us to find answer for this one
15. Yield management is an approach for service companies with capacity constraints to _______ from its service operations
Answer
Correct Answer:
Maximize revenue
Note: This Question is unanswered, help us to find answer for this one
16. ______can be used to obtain optimum aggregate or distribution plans that can enable planners to balance capacity
Answer
Correct Answer:
Transportation method
Note: This Question is unanswered, help us to find answer for this one
17. Top-down planning divides the resources across the _______
Answer
Correct Answer:
Individual products
Note: This Question is unanswered, help us to find answer for this one
18. sufficient manufacturing and distribution capacity to meet the demand forecasts is known as
Answer
Correct Answer:
Supply planning
Note: This Question is unanswered, help us to find answer for this one
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
Note: This Question is unanswered, help us to find answer for this one
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
Note: This Question is unanswered, help us to find answer for this one
21. The integration of customer-focused marketing plans for new and existing this statement true for
Answer
Correct Answer:
Sales and operations planning
Note: This Question is unanswered, help us to find answer for this one
22. Mixed strategy is a
Answer
Correct Answer:
Hybrid strategy
Note: This Question is unanswered, help us to find answer for this one
23. Management coefficients model uses the technique of regression analysis of past production decisions made by managers
Answer
Correct Answer:
True
Note: This Question is unanswered, help us to find answer for this one
24. _______ technique in which the objective and constraint functions are linear and the variables are continuous
Answer
Correct Answer:
Linear programming
Note: This Question is unanswered, help us to find answer for this one
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
Note: This Question is unanswered, help us to find answer for this one
26. Level strategy Also known as level
Answer
Correct Answer:
Level scheduling
Note: This Question is unanswered, help us to find answer for this one
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
Note: This Question is unanswered, help us to find answer for this one
28. Which of correct statement about Financial planning
Answer
Correct Answer:
Planning is a step-by-step approach to meet one's life goals
Note: This Question is unanswered, help us to find answer for this one
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
Note: This Question is unanswered, help us to find answer for this one
30. _______Planning used when management calculates the resource requirements for each individual set of products or services
Answer
Correct Answer:
Bottom-up planning
Note: This Question is unanswered, help us to find answer for this one
31. A strategy in which employees of a service company are hired as contractors is known as
Answer
Correct Answer:
Annualized hours strategy
Note: This Question is unanswered, help us to find answer for this one
32. The process of matching supply and demand at the minimum total cost is known as
Answer
Correct Answer:
Aggregate planning
Note: This Question is unanswered, help us to find answer for this one
