Business > QUESTIONS & ANSWERS > Supply Chain Management, 5e (Chopra/Meindl) Chapter 8 Aggregate Planning in a Supply Chain Lehigh Un (All)

Supply Chain Management, 5e (Chopra/Meindl) Chapter 8 Aggregate Planning in a Supply Chain Lehigh UniversitySCM 340Ch08_ Aggregate Planning in a Supply Chain

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Supply Chain Management, 5e (Chopra/Meindl) Chapter 8 Aggregate Planning in a Supply Chain 8.1 True/False Questions 1) The goal of aggregate planning is to satisfy demand in a way that minimizes pr... ofit. Answer: FALSE Diff: 1 Topic: 8.1 The Role of Aggregate Planning in a Supply Chain Learning Outcome: Describe major approaches to forecasting 2) Aggregate planning is a process by which a company determines levels of capacity, production, subcontracting, inventory, stockouts, and even pricing over a specified time horizon. Answer: TRUE Diff: 1 Topic: 8.1 The Role of Aggregate Planning in a Supply Chain AACSB: Analytic Skills Learning Outcome: Describe major approaches to forecasting 3) Aggregate planning solves problems involving aggregate decisions rather than stock keeping unit (SKU) level decisions. Answer: TRUE Diff: 1 Topic: 8.1 The Role of Aggregate Planning in a Supply Chain Learning Outcome: Describe major approaches to forecasting 4) Traditionally, much of aggregate planning is focused within an enterprise and may not always be seen as a part of supply chain management. Answer: TRUE Diff: 2 Topic: 8.1 The Role of Aggregate Planning in a Supply Chain Learning Outcome: Describe major approaches to forecasting 5) Aggregate planning is an important supply chain issue because, to be effective, it requires inputs from throughout the supply chain, but its results have little impact on the supply chain. Answer: FALSE Diff: 2 Topic: 8.1 The Role of Aggregate Planning in a Supply Chain AACSB: Reflective Thinking Skills Learning Outcome: Describe major approaches to forecasting 6) Short-term production serves as a broad blueprint for operations and establishes the parameters within which aggregate planning decisions are made. Answer: FALSE Diff: 1 Topic: 8.1 The Role of Aggregate Planning in a Supply Chain Learning Outcome: Describe major approaches to forecasting [Show More]

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