SimulationsX
Home
Simulations
How it works
Quiz
0
SIMULATIONSX
XPERIENTIAL NATURE OF OUR SIMULATIONS ENABLE THE DELEGATES TO LEARN BY DOING!
S
Which of the following approaches can streamline the sales and operations planning review process ?
Add additional months to the rolling plan only when necessary
Generate reports that show full detail and associated aggregations
Delegate the reviews among the demand team
Report only out-of-tolerance conditions, with further detail available.
The Production Plan (Operations Plan) and the Master Production Schedule should ?
Extend over the same planning horizon
Be approximately the same level of volume
Be in the same level of granularity
Be expressed in the same unit of measure
The capacity planning technique used at the S&OP planning level is ?
detailed capacity requirements planning.
resource planning.
input/output control.
rough-cut capacity planning.
In most companies lacking an effective S&OP process, the following applies: I. Communications are often fragmented and incomplete II. The financial community doesn’t believe their earnings projections III. Teamwork can be improve
I
I and II
I, II and III
I and III
The typical planning horizon for the Sales and Operations Planning (S&OP) process covers (Blank) period. (Select for the blank space)
18~24 months
6~18 months
90~150 days
30 days
Sales are linked to the distribution network by ?
demand forecasts.
rough-cut capacity planning.
transportation costs.
warehouse management systems.
Among the following choices, select the disadvantages to using a pure level strategy for aggregate planning 1)High level of excess inventory 2)Incurring subcontracting or overtime costs 3)High cost associated with changing production capacity 4)Incurring Backorder costs
(3) and (4)
(1), (2), and (4)
(1)
(1) and (2)
Stockouts have occurred due to failures by suppliers to ship on schedule, causing extensive backorders. The past-due orders were successfully reduced due to overtime once the parts arrived. What is the best approach for incorporating this information into the sales and operations planning process for the upcoming month?
Maintain the existing approach for developing the production and operational plans.
Increase the demonstrated capacity in the first period to reflect the use of overtime.
Reduce the forecast demand in the first period and replace it with the remaining past-due orders.
Reduce the production plan in the first period to free up capacity for the past-due orders
For a make-to-order product family, to reduce the order backlog requires which of the following: I. Produce more than the sales rate II. Sell less than is being produced III. Cut the lead time
III
II
I
I and II
ABC Inc.custom makes furniture.It has 20 workers who produce 135 units per quarter each.The cost per unit is $2500.00.If a pure chase strategy is used, how many workers are fired or hired during quarter 2? Be as close as possible.The quarterly demand information is provided below. Q1:3,000 units, Q2:500 units, Q3:4,500 units, Q4:6,000 units
Hired 20 workers
Hired 5 workers
No one is hired.
Fired 19 workers
Which of the following is most correct regarding the production plan in a make-to-stock environment ?
The production plan is the time-phased plan of overall output, and it may be stated in terms of unit
A production plan cannot be used for one-of-a-kind products that have not been assigned to a product
Past-due load in the production plan receives an increased priority by the planners use of the criti
An overloaded production plan alerts the master scheduler to correct the condition in the master pro
Currently the firm is using a pure level strategy.It has 60 workers who produce 1200 units per quarter each.The cost per unit is $35.00.The cost of holding 1 unit per quarter is $1.50.Of the following descriptions of the situation, what is true? The quarterly demand information is provided below. Q1:120,000 units, Q2:100,000 units, Q3:80,000 units, Q4:92,000 units
A backorder occurred only during 1 quarter
Throughout the year, no back orders occur
A backorder occurred only during 3 quarter
During the first quarter, 22,000 units were back ordered.
A disagreement between sales and production when modifying the sales and operations plan is most likely to be caused by which of the following?
Product mix sales always being inaccurate
No capacity for a two-week shutdown in July
Sales not considering productions overdue orders
Sales volume being consistently overstated
What is the focus of the sales and operations planning meeting ?
Qualitative knowledge
Plan for future months
Previous months numbers
Planned vs. actual numbers
What should the length of the master scheduling planning horizon be for a make-to-stock product ?
Equal to the sales and operations planning horizon
At least as long as the cumulative lead time
At least as long as the manufacturing lead time
Equal to the delivery lead time
The goal of S&OP process is ?
To create a sales plan for the next 6 month
To develop an detailed production plan for the next month
To optimize resources to support the companys business objectives
To optimize the delivery of materials to the manufacturing centers
The S&OP Planning Horizon should be set at ?
18 months minimum to support business planning
The lead times for major capital equipment
The planning time fence plus a factor for order preparation and release
The cumulative lead time of the produc
S&OP primarily ?
Is neither strategic or tactical
Has nothing to do with strategy
Is totally focused on execution
None of the Options
The Sales Forecast should be at a detailed level in which of the following ?
Within the demand time fence
From the planning time fence out to the end of the planning horizon
Across the entire planning horizon
Up to the planning time fence
The sales and operations planning process attempts to match the company's ?
supply,capacity
.sales,demand
supply,demand
.sales,capacity
Quiz Results
Back to Quizzes