OSCM 306 Ch11 Practice Quiz

What is uncommited inventory?

• Extra Stock

• Available to Promise (ATP)

• Over commited inventory

• Inventory not being sold

What are points in time separating the phases of a master schedule planning horizon.

• Boundaries

• Schedule for customer

• Time Fences

• Production time

What is maintaining a steady rate of regular-time output while meeting variations in demand by a combination of options.

• MPS

• Aggregate Planning

• Yield Management

• Level Capacity Strategy

What is intermediate-range capacity planning, covering 2 to 12 months?

• Aggregate Planning

• Yield Management

• Sales & Operations Planning

• Level Capacity Strategy

What is approximate balancing of capacity and demand to test the feasibility of a master schedule?

• Yield Management

• Roughcut Capacity Planning

• Aggregate Planning

• Sales & Operation Planning

What is matching capacity to demand; the planned output for a period is set at the expected demand for that period?

• Yield Management

• Chase demand

• Available to Promise

• MPS

What is the schedule that indicates the quantity and timing of planned completed production?

• Chase demand

• Level Capacity Planning

• Master Production Schedule

• Sales & Operation Planning

What are computerized models that can be tested under different scenarios to identify acceptable solutions to problems?

• Level Capacity Strategy

• Aggregate Planning

• Chase Demand

• Simulation Models

What are intermediate-range decisions to balance supply and demand, integrating financial and operations planning?

• Level Capacity Strategy

• Rough Cut Capacity Planning

• Sales & Operations Planning

• Aggregate Planning

What is the application of pricing strategies to allocate capacity among various categories of demand?

• Yield Management

• Chase Demand

• Aggregate Planning

• Sales & Operations Planning