Production system capacity directly affects all the following EXCEPT which? A. Composition of the workforce B. Overall product cost structure C. Response rate to market changes D. Inventory strategy E. Supply of raw material

Which of the following statements is correct? A. As the production volume increases, the average production cost per unit product decreases. B. As the production volume increases, the average production cost per unit product increases. C. Aggregate sales and operations planning occur in a company about every 3 to 18 months. D. Costs incurred in hiring, training, and laying off personnel are considered relevant aggregate operations planning costs. E. None of the above statements is correct.

Which of the following provides the primary link between long-range strategic plans and intermediate-range planning activities. A. Materials requirements planning B. Sales and operations planning C. Master production scheduling D. Resource planning