25 Questions
What is the primary objective of aggregate planning in a supply chain?
Maximize the firm’s profit over the planning horizon
What does the term 'backlog' refer to in the context of aggregate planning?
Unmet demand
What is a common difficulty associated with the chase strategy in aggregate planning?
Varying capacity and workforce on short notice
Which strategy in aggregate planning involves using excess machine capacity and a flexible work schedule?
Utilization/Flexibility strategy
What is a key consideration when using linear programming for aggregate planning?
Considering supply chain constraints
In aggregate planning, what should be focused on when selecting the aggregate unit and identifying capacity and production times?
Bottlenecks
What is an example of an operational parameter in aggregate planning?
Production rate
Which constraint is typically specified in aggregate planning?
$/hr cost of changing capacity
What is the role of all supply chain stages in aggregate planning?
Optimize supply chain performance
What is the primary output of an aggregate plan?
$/period production quantity from regular time, overtime, and subcontracted time
In the cycle view of supply chain processes, how are the processes divided?
Based on the interface between two successive stages of the supply chain
According to the push/pull view in supply chain processes, what distinguishes pull processes from push processes?
Pull processes are only initiated after a customer order
What distinguishes push/pull view of supply chain processes from the cycle view of supply chain processes?
The trigger that initiates the processes
How does the cycle view classify the processes within a supply chain?
Based on whether they are executed in response to a customer order or in anticipation of customer orders
What type of execution is initiated in response to a customer order?
Pull
Which strategy defines the set of customer needs a company seeks to satisfy through its products and services?
Competitive strategy
What stage transforms inputs to outputs according to specifications to create the product?
Operations
What is the primary focus of the supply chain strategy?
Material procurement
What does strategic fit refer to in the context of competitive and supply chain strategies?
Aligned goals
What may cause a company to fail in terms of strategic fit?
Lack of overall supply chain design
What was Dell's competitive strategy between 1993 and 2006?
To provide a large variety of customizable products at a reasonable price
What was Dell's supply chain designed to be between 1993 and 2006?
Very responsive to handle a wide variety of configurations requested by customers
What must fit together to form a coordinated overall strategy?
Functional strategies and overall supply chain design
What must the different functions in a company appropriately structure their processes and resources for?
To execute strategies successfully
What did Dell's assembly facilities focus on between 1993 and 2006?
Being highly responsive and handling a wide variety of configurations requested by customers
Test your knowledge of aggregate planning in a supply chain and customer relationship management with this quiz. Explore concepts such as production level, inventory level, capacity level, and demand forecast optimization.
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