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Planning and Control

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Questions and Answers

What is the process of coping with changes called?

Formalization

Control (correct)

Aggregation

Planning

What type of planning uses totally disaggregated forecasts/actual demand?

Medium-term planning

Long-term planning

Short-term planning (correct)

Ad hoc planning

What does uncertainty in supply and demand make more difficult?

Formalization of plans

Long-term objectives

Planning and Control (correct)

Aggregation of resources

What is the nature of long-term planning and control?

Aggregated demand forecasts (B) Signup and view all the answers

What is the intervention needed in short-term planning and control for?

To correct deviations from plans (A) Signup and view all the answers

What is the main difference between medium-term planning and control and short-term planning and control?

Medium-term planning uses partially disaggregated demand forecasts, while short-term planning uses totally disaggregated forecasts/actual demand (A) Signup and view all the answers

What is the nature of supply and demand that makes planning and control more difficult?

High variability in supply and demand (C) Signup and view all the answers

What does long-term planning and control use to determine resources?

Aggregated demand forecasts (E) Signup and view all the answers

What is the main objective set in medium-term planning and control?

Financial & operations terms (B) Signup and view all the answers

What is the primary focus of short-term planning and control?

Making interventions to correct deviations from plans (D) Signup and view all the answers

Planning and Control

Choose a study mode

Podcast

Questions and Answers

What is the process of coping with changes called?

What type of planning uses totally disaggregated forecasts/actual demand?

What does uncertainty in supply and demand make more difficult?

What is the nature of long-term planning and control?

What is the intervention needed in short-term planning and control for?

What is the main difference between medium-term planning and control and short-term planning and control?

What is the nature of supply and demand that makes planning and control more difficult?

What does long-term planning and control use to determine resources?

What is the main objective set in medium-term planning and control?

What is the primary focus of short-term planning and control?

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