Competition in the 21st century is no longer between companies; it is between supply chains.

The marketing and operations departments typically develop their production and sales plans independently and hope for the best when customers arrive.

Big car manufacturers like Honda utilize the process strategy of mass customization because it has so many possible combinations of products.

Capacity decisions are based on technological concerns, not demand forecasts.

A car’s supply chain includes which of the following companies?

Accurate medium-range planning increases the likelihood of operating within the limits of a budget.  

Price changes are useful for matching the level of demand to the capacity of a facility.

Which of the following aggregate planning strategies is known to lower employee morale?

Adding a complementary product to what is currently being produced is a demand management strategy used when:

A local bakery uses the chase strategy of aggregate planning. They produced 1000 cakes last month. Demand in the next month is estimated at 1100 cakes, and demand over the next six months is estimated to average 900 cakes. Every chef can make 100 cakes in a given month. Which of the following tactics would be most representative of following a “chase” strategy?