1. An aggregate plan would often include buying a new large machine as a decision. True or False?

2. What management approach would be best for organizing a work center.

a. QRM

b. 5s

c. Six Sigma

d. Lean

3. What is the typically time period (start to end of plan) of an aggregate planning problem?

a. 6 weeks

b. 20 weeks

c. 2 years

d. 10 years

4. In what environments would JIT be competitive with MRP in terms of holding and setup costs?

a. Constant mean demand

b. Seasonal demand

c. Increasing demand pattern

d. Decreasing demand pattern