2 Sep 2014

Smu mba advanced production and operations management sample paper set four



3. Which are strategic decisions made with an eye to the future?
Action planning
Correct
Facilities planning
Aggregate Planning
Wrong
Scheduling
Feedback:
Not the right choice: In this stage, decisions not made with an eye to the future

4. Which cost in aggregate production planning includes costs of expediting, loss of customer goodwill?
Wrong
Inventory holding costs
Feedback:
Not the right choice: This includes cost of capital tied up with inventory
Costs associated with changes in the production rate
Correct
Back ordering costs
Budgets

5. Which method of aggregate planning is based on a rule that production rate for any period would be set by the general decision rule?
Linear Decision rule
Correct
Management Coefficients model
Wrong
Linear programming
Feedback:
Not the right choice: Linear programming is not based on production rate for any period would be set by the general decision rule
Search decision rule

6. Which process includes targeted sales estimate, production levels, inventory levels and client backlogs?
Demand management
Aggregate planning system
Correct
Aggregate planning
Wrong
Manufacturing plan
Feedback:
Not the right choice: This is not the process that includes targeted sales estimate, production levels, inventory levels and client backlogs
OM0013-Unit-13-2mark
1. State whether the following statements about aggregate planning are true or false. 1. It is one of the prominent steps in the production planning process. 2. It senses the relationship between overall productive capacity and the sales forecast.
Correct
1T, 2T
Feedback:
Right choice: Both statements are true with respect to aggregate planning process
1F, 2F
1T, 2F
1F, 2T

2. Identify the correct statement with respect to the objectives of aggregate planning.
Correct
To accomplish a production plan that will effectively utilise the organisation
To combine the strategic goals in a with plans for the individual products in a service firm.
To combine the strategic goals with detailed work-force schedules in a manufacturing firm.
Wrong
Aggregate planners must take decisions on input rates.
Feedback:
Not the right choice: Aggregate planner take decisions on output rates

3. Identify the correct set of statements to with respect to Suppliers as partners? A. Suppliers are those companies which undertake to make supplies of products they manufacture. B. Treating suppliers as a part of our business and sharing information, providing technical and financial assistance, seeking their help in improving process, building up rapport between the employees of the supplier organisation and assure long term business. C. Quality enhancement programmes can be implemented simultaneously for faster and better results.
A & B
Wrong
B & C
Feedback:
Not the right choice: All three statements belong to Suppliers as partners, but here statement A is missed.
A & C
Correct
A, B, & C
OM0013-Unit-13-1mark
1. The process that has forecasts of the quantities and timing of customer demands are developed is
Correct
Demand management
Wrong
Aggregate Planning
Feedback:
Not the right choice: Aggregate planning does not develop the forecasts and timing.
Production plan
Aggregate planning system

2. In __________, information is gathered from and about the market such as forecasting market demand, entering orders and determining _________.
Correct
Demand management, Specific product requirements.
Aggregate planning, Customer requirements
Wrong
Demand management, Client requirements
Feedback:
Not the right choice: In demand management, information is not gathered about client requirements
Aggregate planning, Company requirements
3. State whether the following statements are true or false. 1. Master schedule expresses the overall plan in terms of the amounts of specific end items to produce and dates to produce them. 2. Master schedule is a complex problem.
Correct
1T, 2F
Feedback:
Right choice: The first statement is true and the second statement is false. Aggregate Planning is a complex problem
1T, 2T
1F, 2F
1F, 2T

4. Which of the following are not costs associated with decision variables in aggregate planning?
Higher labour and material costs
Wage, premium and non-productive time costs.
Delayed response and higher fixed costs.
Correct
Lower fixed costs
Feedback:
Right choice: This is not a valid associated cost of decision variables.
OM0013-Unit-13-4mark
1. Match the following sets.
Match
Correct Answer
User answer
Feedback

Trial and improvement method
One chooses a particular answer and implements it to the problem. If it fails, one chooses another option and tries it subsequently
Undergoes severe test in order to find acceptable strategies
incorrect
Transportation method of linear programming
Elements affecting the choice of approach are described in detail
Elements affecting the choice of approach are described in detail
correct
Simulation
Undergoes severe test in order to find acceptable strategies
Compares the planning load and the available capacity
incorrect
Functional objective search
Compares the planning load and the available capacity
One chooses a particular answer and implements it to the problem. If it fails, one chooses another option and tries it subsequently
incorrect

2. Match the following sets.
Match
Correct Answer
User answer
Feedback

Aggregate plan
Includes targeted sales estimate
Short term manufacturing plans are developed and controlled
incorrect
Capacity
Total number of units per time
Includes targeted sales estimate
incorrect
MPS Module
Short term manufacturing plans are developed and controlled
Identifying all sources of demand
incorrect
Demand management
Identifying all sources of demand
Total number of units per time
incorrect

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