Which of the Following Best Describes the Strategic Importance of Short-Term

question 56

Multiple Choice

Which of the following best describes the strategic importance of short-term scheduling?

• A) Effective scheduling, through lower costs, faster delivery, and dependable delivery, can provide a competitive advantage.
• B) Effective scheduling is a tactical tool for increasing demand to meet production.
• C) Forward scheduling looks to future demand levels in order to increase customer satisfaction.
• D) Aggregate planning is a tactical action, but short-term scheduling is strategic because of its immense impact on costs.
• E) Short-term scheduling matches capacity to demand during the short term, three to eighteen months into the future.

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Definitions:

Impairment Test

An examination carried out to determine if the carrying amount of an asset exceeds its recoverable amount, potentially leading to an impairment loss.

Reversal

The process of undoing or nullifying a previous accounting entry or transaction.