1. "To make a revision in the appearance or function of" is the definition of:
A. Replaying
B. Reconnecting
C. Redesigning
D. Reconsidering
2. Unit forecasting is so responsive and reliable because it places the responsibility of the estimating upon the _________________ in product production or service provision.
A. Line managers
B. Managers at the point of contact
C. Middle managers
D. Senior managers
3. A point to remember about gathering estimates in the data collection process for unit forecasting is to:
A. Be aware that managers will routinely underestimate their needs and cause surpluses
B. Be convinced of the accuracy of any data collected
C. Be aware of the need for a headcount for supplies
D. Beaware of the desire of managers to overestimate their productions to make their departments look good.
4. ___________ is the act of estimating or calculating in advance by data analysis. It is merely a prediction of coming events.
A. Forecasting
B. Intimidating
C. Adjusting
D. Dreaming
5. Contracts signed to prevent sensitive information from being distributed outside of the group of participating companies are called:
A. Retrenchment plans
B. Succession plans
C. Liability contracts
D. Confidentiality agreements
6. A noticeable benefit to preparing a succession plan would be:
A. It affects both supply and demand by adjusting production rates, workforce levels, and inventory levels when facilities cannot be expanded.
B. It allows a company to retain superior employees.
C. It looks at aggregate product demand.
D. It considers aggregate resource quantities.
7. One of the goals of aggregate planning is to:
A. Maximize inventory investment
B. Maximize changes in workforce levels
C. Maximize customer service
D. Minimize executive involvement
8. ___________ is also known as bottom-up or top-down planning or a combination of the two.
A. Unit forecasting
B. Succession planning
C. Aggregate planning
D. Demand
9. _____________ planning is a process whereby an organization ensures that employees are recruited and developed to fill each key role within the company.
A. Aggregate
B. Succession
C. Successful
D. Deficiency