When planning for an increase in production, APS helps to ______.

Multiple Choice

• determine what is best for the customer

• identify and calculate the cost of strategic options

• determine what is best for suppliers

• Both determine what is best for the customer and identify and calculate the cost of strategic options are correct

In a situation where there are low economies of scale and a long response time, the supply chain strategy should focus on ______.

Multiple Choice

• an accurate short-term forecast with strong tactics and less consideration of history

• production flexibility since detailed and accurate forecasting is not of critical importance

• responsiveness at the expense of forecast accuracy

• both forecast accuracy and responsiveness because they are equally important

Which of the following is not a benefit that is offered by advanced planning and scheduling (APS)?

Multiple Choice

• Improved customer service with lower inventory.

• Improved forecast accuracy.

• Better utilization of existing capacity.

• Better relationships with suppliers.