Question

*63. How does a level aggregate plan differ from a chase aggregate plan?

   (A) The level aggregate plan maintains a constant workforce and production level during each period

   (B) The level aggregated plan produces exactly what is needed to satisfy demand during each period

   (C) The level aggregate plan manages inventory buildup and overtime to meet demand

   (D) the level aggregate plan minimizes holding costs for finished goods

*64. What are two tangible benefits of implementing an enterprise resource planning (ERP) system? (2 Answers)

   (A) Reduced transportation and logistic costs

   (B) Improved customer responsiveness

   (C) Global sharing of information

Answer 1

Answer:- 63. How does a level aggregate plan differ from a chase aggregate plan?

   (A) The level aggregate plan maintains a constant workforce and production level during each period

Reason:- A level plan maintains the same workforce size and equipment, thus producing the same amount of product each time period. This causes inventory to increase when demand is below average and decrease when demand is above average.

Answer :- 64. What are two tangible benefits of implementing an enterprise resource planning (ERP) system?

Answer:-

(A) Reduced transportation and logistics costs

   (B) Improved customer responsiveness

Reason- Tangible benefits of ERP are as below:-

Improves the productivity of process and personnelLowering the cost of products and services purchasedPaper and postage cost reductionsInventory reductionLead time reductionReduced stock obsolescenceFaster product / service look-up and ordering saving time and money