The standard durations of planning are: long-term, short-term, and

Management Chapter 13 Questions 

Total Questions Answered: 10

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QUESTION 1

The standard durations of planning are: long-term, short-term, and

		blue sky
		mixed-term
		immediate

10 points   

QUESTION 2

Long range plans typically cover activities that will occur

		over 1 year out
		10-12 months
		6-8 months

10 points   

QUESTION 3

Mid-range planning activites include:

Sales and Operations Planning, Production and BUdgeting, Setting employmnt inventory, and

		Analyzing Operating Plans
		Analyzing competitors
		Analyzing customers

10 points   

QUESTION 4

Job assignemnts and ordering show up in

		mid-range plans
		long-term plans
		short-term plans

10 points   

QUESTION 5

A master production schedule is an outcome of

		S&NP
		Customer demand
		S& OP

10 points   

Total Questions Answered: 10

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QUESTION 6

Solid aggregate plans include: a logical unit of measurement for sales and outputs, a forecast of demand for at least the intermediate period, a model that combines forecasts and costs so scheduling decisions can be made, and

		pricing analysis.
		SWOT analysis.
		a method to determine costs.

10 points   

QUESTION 7

should inventories be used to absorb changes in demand during the planning period is an example of something that should be answered via

		aggregate planning.
		customization.
		workflow analysis.

10 points   

QUESTION 8

Breaking an aggregate plan into pieces, with greater deail, that can be individually attacked is called

		dissagregation.
		revers aggregation.
		dissimulation.

10 points   

QUESTION 9

Increasing inventory during low demand periods creates a ____ for when demand increases.

		surplus
		unaccounted cost
		shortage

10 points   

QUESTION 10

Discounts are offered to

		increase demand.
		decrease demand.
		re-direct customers to other items.