Podcast
Questions and Answers
Which of the following could reduce the likelihood of operations managers ignoring the consensus plan agreed to in a sales and operations planning (S&OP) meeting and following their own plans?
Which of the following could reduce the likelihood of operations managers ignoring the consensus plan agreed to in a sales and operations planning (S&OP) meeting and following their own plans?
A company facing short product life cycles and rapidly changing customer demand would implement which of the following approaches?
A company facing short product life cycles and rapidly changing customer demand would implement which of the following approaches?
Which of the following is the most appropriate subject for discussion at the demand planning phase meeting that is part of the sales and operations planning (S&OP) process?
Which of the following is the most appropriate subject for discussion at the demand planning phase meeting that is part of the sales and operations planning (S&OP) process?
Which of the following may be necessary to get the most out of an organization's sales and operations planning (S&OP) process?
Which of the following may be necessary to get the most out of an organization's sales and operations planning (S&OP) process?
Signup and view all the answers
Which of the following professionals should chair the demand planning phase meeting that is part of the sales and operations planning (S&OP) process?
Which of the following professionals should chair the demand planning phase meeting that is part of the sales and operations planning (S&OP) process?
Signup and view all the answers
What step of the sales and operations planning (S&OP) process comes after evaluating demand levels?
What step of the sales and operations planning (S&OP) process comes after evaluating demand levels?
Signup and view all the answers
An organization is looking to use demand management to tailor demand to meet available capacity at product launch, due to limited initial capacity. How can the organization best achieve its goals?
An organization is looking to use demand management to tailor demand to meet available capacity at product launch, due to limited initial capacity. How can the organization best achieve its goals?
Signup and view all the answers
What are the significant inputs to the sales and operations planning (S&OP) process?
What are the significant inputs to the sales and operations planning (S&OP) process?
Signup and view all the answers
Which of the following provides a sound method for grouping products into product families for the operations plan?
Which of the following provides a sound method for grouping products into product families for the operations plan?
Signup and view all the answers
Which of the following provides a point of reference for formulating sales and operations planning?
Which of the following provides a point of reference for formulating sales and operations planning?
Signup and view all the answers
If an organization pursues a level production strategy, which of the following occurs in a period with inventory buildup and low sales in relation to the income statement items of cost of goods sold (COGS) and general and administrative expenses?
If an organization pursues a level production strategy, which of the following occurs in a period with inventory buildup and low sales in relation to the income statement items of cost of goods sold (COGS) and general and administrative expenses?
Signup and view all the answers
The major purpose of the sales and operations plan (S&OP) is to:
The major purpose of the sales and operations plan (S&OP) is to:
Signup and view all the answers
Supply chain managers can be useful as intermediaries between manufacturing professionals and which area that is often otherwise underrepresented in production planning?
Supply chain managers can be useful as intermediaries between manufacturing professionals and which area that is often otherwise underrepresented in production planning?
Signup and view all the answers
What processes are used in master planning?
What processes are used in master planning?
Signup and view all the answers
Which of the following could be subject to alteration as the result of decisions made in an executive sales and operations planning (S&OP) meeting?
Which of the following could be subject to alteration as the result of decisions made in an executive sales and operations planning (S&OP) meeting?
Signup and view all the answers
During which sales and operations planning meeting might a demand-side professional get vital information on a need to shorten time to market?
During which sales and operations planning meeting might a demand-side professional get vital information on a need to shorten time to market?
Signup and view all the answers
What parts of the sales and operations planning (S&OP) process are considered reconciliation steps?
What parts of the sales and operations planning (S&OP) process are considered reconciliation steps?
Signup and view all the answers
Which of the following is an integral part of the sales and operations planning (S&OP) process because it promotes meeting brevity and consensus building?
Which of the following is an integral part of the sales and operations planning (S&OP) process because it promotes meeting brevity and consensus building?
Signup and view all the answers
For product development, which is considered to be value-added?
For product development, which is considered to be value-added?
Signup and view all the answers
The key to synchronizing supply and demand is to:
The key to synchronizing supply and demand is to:
Signup and view all the answers