The Operations Planning Practice of Inputting Sales Forecasts into Computer

question 251

Multiple Choice

The operations planning practice of inputting sales forecasts into computer software that accurately predicts the amount and timing of materials needed to complete products and projects is ________________.

• A)Enterprise Resource Planning
• B)Materials Requirement Planning
• C)Virtual Accuracy Tool
• D)Computer Based Materials Model

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Definitions:

Conversion Value

The monetary value of a convertible security if it is converted into a different asset, usually shares of the issuing company's stock.

Bond Value

This refers to the present value of a bond's future interest payments plus the face value of the bond when it matures, essentially the price at which a bond is traded.

Credit Default Swaps

Financial derivative contracts that transfer the credit exposure of fixed income products between parties, used as a form of insurance against default on loans or bonds.

Interest Rate Risk

Interest rate risk is the potential for investment losses due to fluctuations in interest rates, affecting the value of fixed-income securities inversely.