Sales and Operations Planning MCQs

Sales and Operations Planning MCQs

These Sales and Operations Planning multiple-choice questions and their answers will help you strengthen your grip on the subject of Sales and Operations Planning. You can prepare for an upcoming exam or job interview with these Sales and Operations Planning MCQs.
So scroll down and start answering.

1: The process of matching supply and demand at the minimum total cost is known as

A.   Target inventory level

B.   Service level

C.   Service-level factors

D.   Aggregate planning

2: A strategy in which employees of a service company are hired as contractors is known as

A.   Annualized hours strategy

B.   Chase strategy

C.   Both a & b

D.   None of these

3: _______Planning used when management calculates the resource requirements for each individual set of products or services

A.   Target inventory level

B.   Bottom-up planning

C.   Service-level factors

D.   Aggregate planning

4: ______ is a strategy in which production is geared toward producing whatever amount of goods are needed to meet demand

A.   Chase strategy

B.   Bottom-up planning

C.   Service-level factors

D.   Aggregate planning

5: Which of correct statement about Financial planning

A.   A consolidated sales and operations planning approach that can respond to frequently changing global supply and market conditions

B.   Planning is a step-by-step approach to meet one's life goals

C.   Both a & b possible

D.   None of these

6: A consolidated sales and operations planning approach that can respond to frequently changing global supply and market conditions is known as

A.   Global sales and operations planning

B.   Level strategy and Linear decision rule

C.   Linear programming

D.   None of these

7: Level strategy Also known as level

A.   Linear decision

B.   Linear programming

C.   Level scheduling

D.   Linear decision rule

8: Which approach that can be used to create aggregate plans in which the total production cost is represented by a single quadratic cost function

A.   Linear programming

B.   Management coefficients model

C.   Linear decision rule

D.   None of these

9: _______ technique in which the objective and constraint functions are linear and the variables are continuous

A.   Linear programming

B.   Management coefficients model

C.   Linear decision rule

D.   None of these

10: Management coefficients model uses the technique of regression analysis of past production decisions made by managers

A.   True

B.   False

11: Mixed strategy is a

A.   Simple strategy

B.   Important strategy

C.   Hybrid strategy

D.   Large strategy

12: The integration of customer-focused marketing plans for new and existing this statement true for

A.   Sales and operations planning

B.   Sales carbon operations planning

C.   Simulation

D.   None of these

13: A process that incorporates sustainability into S&OP, intended not only to cover carbon emissions is known as

A.   Sales and operations planning

B.   Sales carbon operations planning

C.   Simulation

D.   None of these

14: Simulation is a method that uses search decision rules to find the appropriate combination of production and workforce levels that will minimize costs

A.   True

B.   False

15: sufficient manufacturing and distribution capacity to meet the demand forecasts is known as

A.   Sales and operations planning

B.   Sales carbon operations planning

C.   Simulation

D.   Supply planning

16: Top-down planning divides the resources across the _______

A.   Individual products

B.   Group of product

C.   Statement wrong

D.   None of these

17: ______can be used to obtain optimum aggregate or distribution plans that can enable planners to balance capacity

A.   Transportation method

B.   Backflushing

C.   Bucketless

D.   None of these

18: Yield management is an approach for service companies with capacity constraints to _______ from its service operations

A.   Minimize revenue

B.   Maximize revenue

C.   Medium revenue

D.   No revenue

19: ______ ensures there is sufficient manufacturing and distribution capacity to meet the demand forecasts.

A.   Sales and operations planning

B.   Demand planning

C.   Supply planning

D.   Top-down planning

20: ______ refers to maintaining constant production and workforce levels and using inventories to bridge the gap between demand and production.

A.   Level strategy

B.   Chase strategy

C.   Supply planning

D.   Mixed strategy

21: The integration of customer-focused marketing plans for new and existing products with supply chain management is known as ______.

A.   Sales and operations planning

B.   Demand planning

C.   Financial planning

D.   Top-down planning

22: ______ model uses the technique of regression analysis of past production decisions made by managers.

A.   Linear decision rule

B.   Management coefficients

C.   Chase strategy

D.   Linear programming

23: In the level strategy, the rate of production output and ______ are held constant.

A.   Workforce levels

B.   Inventory

C.   Demand

D.   Sales

24: ______ is an optimization approach that can be used to create aggregate plans, where the total production cost is represented by a single quadratic cost function, which is minimized using calculus.

A.   Level strategy

B.   Linear programming

C.   Supply planning

D.   Linear decision rule

25: ______ is an optimization technique where the objective and constraint functions are linear and the variables are continuous.

A.   Linear decision rule

B.   Transportation method

C.   Chase strategy

D.   Linear programming

26: The objective of the S&OP process is to generate plans for production levels, employment levels, and inventory levels at the ______.

A.   Optimum cost

B.   Maximum cost

C.   Balanced cost

D.   Minimum cost

27: Three basic strategies can be used to create product family level sales and operations plans: level, ______, and mixed strategies.

A.   Chase

B.   Production

C.   Integrated

D.   Group

28: Three basic strategies can be used to create product family level sales and operations plans: level, ______, and mixed strategies.

A.   Chase

B.   Production

C.   Integrated

D.   Group

29: ______ is a demand-matching strategy in which production is geared toward producing whatever amount of goods is needed to meet demand.

A.   Level strategy

B.   Bottom-up planning

C.   Chase strategy

D.   Mixed strategy

30: One of the primary activities of S&OP is acquiring ______ to meet expected demand.

A.   Human resources

B.   Inventory

C.   Money

D.   Operational resources

31: ______ is a method using search decision rules to find the appropriate combination of production and workforce levels that will minimize costs.

A.   Linear decision rule

B.   Transportation method

C.   Simulation

D.   Linear programming

32: The focus of S&OP strategies in the service sector is primarily on ______.

A.   Services

B.   Production

C.   Workforce schedules

D.   Customers