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Questions and Answers
Which type of planning involves the construction of facilities and major equipment purchase?
Which type of planning involves the construction of facilities and major equipment purchase?
- Intermediate-range planning
- Aggregate Production Plan (APP) (correct)
- Materials requirement planning (MRP)
- Master production schedule (MPS)
What is the goal of resource planning?
What is the goal of resource planning?
- Minimize the discrepancy between capacity and demand (correct)
- Magnify the bullwhip effect
- Ignore capacity and demand entirely
- Maximize the discrepancy between capacity and demand
Which type of planning covers a few days to a few weeks and focuses on detailed planning for components & parts?
Which type of planning covers a few days to a few weeks and focuses on detailed planning for components & parts?
- Aggregate Production Plan (APP)
- Master production schedule (MPS)
- Materials requirement planning (MRP) (correct)
- Intermediate-range planning
What is the maximum workload that an organization can complete in a given period of time called?
What is the maximum workload that an organization can complete in a given period of time called?
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What happens if there is a missed due date or stock-out in the resource planning process?
What happens if there is a missed due date or stock-out in the resource planning process?
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