Podcast
Questions and Answers
What is the primary objective of aggregate planning in a supply chain?
What is the primary objective of aggregate planning in a supply chain?
- Minimize workforce overtime costs
- Minimize inventory holding costs
- Optimize machine capacity utilization
- Maximize the firm’s profit over the planning horizon (correct)
What does the term 'backlog' refer to in the context of aggregate planning?
What does the term 'backlog' refer to in the context of aggregate planning?
- Inventory on hand
- Production quantity from regular time
- Unmet demand (correct)
- Excess capacity level
What is a common difficulty associated with the chase strategy in aggregate planning?
What is a common difficulty associated with the chase strategy in aggregate planning?
- Utilizing excess machine capacity
- Varying capacity and workforce on short notice (correct)
- Stable machine capacity and workforce levels
- Low levels of inventory
Which strategy in aggregate planning involves using excess machine capacity and a flexible work schedule?
Which strategy in aggregate planning involves using excess machine capacity and a flexible work schedule?
What is a key consideration when using linear programming for aggregate planning?
What is a key consideration when using linear programming for aggregate planning?
In aggregate planning, what should be focused on when selecting the aggregate unit and identifying capacity and production times?
In aggregate planning, what should be focused on when selecting the aggregate unit and identifying capacity and production times?
What is an example of an operational parameter in aggregate planning?
What is an example of an operational parameter in aggregate planning?
Which constraint is typically specified in aggregate planning?
Which constraint is typically specified in aggregate planning?
What is the role of all supply chain stages in aggregate planning?
What is the role of all supply chain stages in aggregate planning?
What is the primary output of an aggregate plan?
What is the primary output of an aggregate plan?
In the cycle view of supply chain processes, how are the processes divided?
In the cycle view of supply chain processes, how are the processes divided?
According to the push/pull view in supply chain processes, what distinguishes pull processes from push processes?
According to the push/pull view in supply chain processes, what distinguishes pull processes from push processes?
What distinguishes push/pull view of supply chain processes from the cycle view of supply chain processes?
What distinguishes push/pull view of supply chain processes from the cycle view of supply chain processes?
How does the cycle view classify the processes within a supply chain?
How does the cycle view classify the processes within a supply chain?
What type of execution is initiated in response to a customer order?
What type of execution is initiated in response to a customer order?
Which strategy defines the set of customer needs a company seeks to satisfy through its products and services?
Which strategy defines the set of customer needs a company seeks to satisfy through its products and services?
What stage transforms inputs to outputs according to specifications to create the product?
What stage transforms inputs to outputs according to specifications to create the product?
What is the primary focus of the supply chain strategy?
What is the primary focus of the supply chain strategy?
What does strategic fit refer to in the context of competitive and supply chain strategies?
What does strategic fit refer to in the context of competitive and supply chain strategies?
What may cause a company to fail in terms of strategic fit?
What may cause a company to fail in terms of strategic fit?
What was Dell's competitive strategy between 1993 and 2006?
What was Dell's competitive strategy between 1993 and 2006?
What was Dell's supply chain designed to be between 1993 and 2006?
What was Dell's supply chain designed to be between 1993 and 2006?
What must fit together to form a coordinated overall strategy?
What must fit together to form a coordinated overall strategy?
What must the different functions in a company appropriately structure their processes and resources for?
What must the different functions in a company appropriately structure their processes and resources for?
What did Dell's assembly facilities focus on between 1993 and 2006?
What did Dell's assembly facilities focus on between 1993 and 2006?
