Aggregate Planning and Sourcing Strategies Quiz

0 / 0 pts Question 1 I commit that the test I am about to take will be my own work. I am aware that I am allowed to use my book and my notes while taking this test and I am aware that I am not permitted to use any outside sources. I will not share my answers with anyone during or after the test. By clicking "True" you agree to the following statement: 'I affirm that I am the assigned student taking the test, and this is entirely my own work. True False 1 / 1 pts Question 2 Aggregate planning for service firms that provide intangible output deals mainly with: capital investment decisions. smoothing the production rate and finding the optimal size of the workforce. planning for human resource requirements and managing demand. centralized purchasing. centralized production.

1 / 1 pts Question 3 What is the typical time horizon for aggregate planning? over 5 years up to 3 months less than a month 3 to 18 months over one year 1 / 1 pts Question 4 Plans for new product development generally fall within the scope of aggregate planning. True False 1 / 1 pts Question 5 Aggregate planning for fast-food restaurants is very similar to aggregate planning in manufacturing, but with bigger units of time. True False

1 / 1 pts Question 6 Disaggregation is the process of breaking the aggregate plan into greater detail; one example of this detail is the master production schedule. True False 1 / 1 pts Question 7 Which sourcing strategy is particularly common when the products being sourced are commodities? vertical integration virtual companies many suppliers few suppliers 1 / 1 pts Question 8 Which of the following would NOT typically be considered as part of a manufacturing firm's supply chain? distributors wholesalers landscape contractors suppliers

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retailers 1 / 1 pts Question 9 A firm that employs a low-cost strategy should minimize inventory throughout the supply chain. True False 1 / 1 pts Question 10 In most manufacturing industries, which of the following would likely represent the largest cost to the firm? insurance advertising purchasing transportation financing 1 / 1 pts Question 11 Outsourcing is a form of specialization that allows the outsourcing firm to focus on its key success factors.

True False 2 / 2 pts Question 12 Outsourcing: allows the outsourcing firm to focus on its key success factors. All of these are true of outsourcing. transfers traditional internal activities to outside vendors. utilizes the efficiency that comes with specialization. None of these is true of outsourcing. 2 / 2 pts Question 13 Which of the following statements is TRUE regarding the leverage of supply chain savings? Supply chain savings exert more leverage as the firm's net profit margin decreases. None of these is true.

Supply chain leverage depends only upon the percent of sales spent in the supply chain. Supply chain leverage is about the same for all industries. Supply chain savings exert more leverage as the firm's purchases are a smaller percent of sales. 0 / 0 pts Question 14 I commit that the test I just took was my own work. I am aware that I was allowed to use my book and my notes while taking this test and I commit that I did not use any outside sources. I will not share my answers with anyone during or after the test. By clicking "True" you agree to the following statement: 'I affirm that I was the assigned student taking the test, and this was entirely my own work. True False Quiz Score: 14 out of 10

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Quiz Ch 13 & 11_ SOM 306

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