5 Questions
Which type of planning involves the construction of facilities and major equipment purchase?
Aggregate Production Plan (APP)
What is the goal of resource planning?
Minimize 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?
Materials requirement planning (MRP)
What is the maximum workload that an organization can complete in a given period of time called?
Capacity
What happens if there is a missed due date or stock-out in the resource planning process?
It may cascade downstream, magnifying the bullwhip effect
Test your knowledge on resource planning, production capacity, and types of operations planning. Learn about minimizing discrepancies between capacity and demand, bullwhip effects, and different categories of operations planning.
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