Which of the Following Statements Regarding Aggregate Planning in Services

question 26

Multiple Choice

Which of the following statements regarding aggregate planning in services is False?

• A) When outputs are intangible, aggregate planning deals mainly with human resource requirements and managing demand.
• B) Perishability of inventory is an important consideration of planning.
• C) Aggregate planning in some service industries can be simpler than in manufacturing.
• D) Labor is the primary aggregate planning vehicle.
• E) Level scheduling is far more common than chase.

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Definitions:

Compounded Monthly

A calculation method where interest is added to the principal sum at the end of each month, and future interest is calculated on the new total.

Future Value

Also known as the compound amount, the total value of an investment; equal to the principal plus all the compound interest.

Equal Amount

A quantity that is the same in size, number, or value when compared to another.

Compounded Quarterly

The process of calculating and adding interest to a principal sum four times a year, leading to compound growth in the interest amount.