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Quiz 7 - Quiz 7(WK7 1 The aggregate operations plan...

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Quiz 7 (WK7) 1. The aggregate operations plan translates annual and quarterly business plans into broad labor and output plans for the intermediate term, ( Pg 516 ). (Points : 1) True False 2. Fixed and variable costs incurred in producing a given product type in a given time period are relevant aggregate operations planning costs, ( Pg 520 ). (Points : 1) True False 3. The increasing complexity of modern operations management has made simple cut-and-try charting and graphical methods formerly used to develop aggregate operations plans impractical and obsolete, ( Pg 522 ). (Points : 1) True False 4. An inventory system is a set of policies and controls that monitors levels of inventory and determines what levels should be maintained, when stock should be replenished, and how large orders should be, ( Pg 547 ). (Points : 1) True False 5. Which of the following is not one of the categories of manufacturing inventory, ( Pg 547 )? (Points : 1) Raw materials Finished products Component parts Just-in-time Supplies 6.
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