Aggregate Planning for Services Is More Difficult Than Aggregate Planning

question 74

Multiple Choice

Aggregate planning for services is more difficult than aggregate planning for manufacturing because _____ and _____ are more difficult to predict.

• A)capacity availability; customer tastes
• B)holding costs; overtime costs
• C)demand; capacity availability
• D)capacity change costs; holding costs
• E)hiring costs; holding costs

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Definitions:

Age Distribution

The proportionate numbers of individuals in successive age categories in a given population.

Test Statistic

A calculated value from sample data used to decide whether to reject the null hypothesis in the context of a statistical test.

Union Leader

A person who represents and advocates for the rights and interests of workers in negotiating with employers.

Probability

A measure of the likelihood that an event will occur, expressed as a number between 0 and 1.