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Operation Management_BUS-4AB_20242

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An economic strategy

for adjusting demand can include adjusting capacity or managing demand

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Implementing a

companywide game plan for allocating resources addresses the long-standing

battle between operations and finance

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The following information

relates to a company’s aggregate production planning activities:

Quarter

Demand

Forecast

1

75,000

2

100,000

3

75,000

4

125,000

Beginning

Workforce = 35 workers

Production per

Employee = 1,250 units per quarter

Hiring Cost =

$500 per worker

Firing Cost =

$1,000 per worker

Inventory

Carrying Cost = $20 per unit per quarter

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Sales and operations planning is an aggregate planning

process for a(n)______________ time horizon

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_____________ is the

process of breaking a sales and operations plan into more detailed plans.

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A company that produces small

electric motors for treadmills had cost of goods sold last year of $241,000,000.  The average value of inventory for raw

materials, work-in-process, and finished goods are shown below:

Raw materials: $12.379.000

Work in process $7.631.000

Finished goods $9.275.000

If the company

operates 365 days a year, the days of supply being held in inventory is

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In capacity planning, the

feasibility of the sales and operations production plan is verified by a .................

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Companies resist establishing

green supply chains for all the following reasons

except that

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Overtime and

undertime are common strategies for adjusting demand.

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Which of the following is not

one of the three key performance

indicators (KPI) used to measure supply chain performance?

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