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Questions and Answers
What is the objective of aggregate planning?
What is the objective of aggregate planning?
- To maximize cost over the planning period
- To minimize forecast demand while meeting costs
- To ignore forecast demand and focus on minimizing costs
- To meet forecast demand while minimizing cost over the planning period (correct)
What is the time frame typically covered by the planning process at Frito-Lay?
What is the time frame typically covered by the planning process at Frito-Lay?
- 6 to 12 months
- 18 to 24 months
- 1 to 6 months
- 3 to 18 months (correct)
What are some issues addressed in intermediate-range plans?
What are some issues addressed in intermediate-range plans?
- Capacity decisions and facility location/expansion
- Job assignments and overtime
- Research and Development and capital investments
- Sales and operations planning and budgeting (correct)
What does Sales and Operations Planning (S&OP) aim at achieving?
What does Sales and Operations Planning (S&OP) aim at achieving?
Who is typically responsible for long-range plans in organizations?
Who is typically responsible for long-range plans in organizations?
Which of the following is a common objective of sales and operations planning?
Which of the following is a common objective of sales and operations planning?
What is the main focus of aggregate planning?
What is the main focus of aggregate planning?
Which method is commonly used to solve an aggregate plan in operations management?
Which method is commonly used to solve an aggregate plan in operations management?
What is the primary goal of revenue management in the context of aggregate planning?
What is the primary goal of revenue management in the context of aggregate planning?
What does aggregate planning aim to balance in the operations of a company?
What does aggregate planning aim to balance in the operations of a company?
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