Which of the Following Statements About Pull Processes Is Accurate

question 19

Multiple Choice

Which of the following statements about pull processes is accurate?

• A)They may also be referred to as speculative processes.
• B)Execution is initiated in anticipation of customer orders.
• C)At the time of execution,demand must be forecast.
• D)They may also be referred to as reactive processes.

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Definitions:

Product Families

Groups of related products that are offered by a business, often sharing common components or targeting similar markets.

Safety Inventory

A buffer of additional stock kept to prevent out-of-stock situations, taking into account unforeseen fluctuations in demand or supply.

Forecast Error

The difference between the actual demand or outcome and the predicted demand or forecasted value, often analyzed for improving future predictions.

Aggregate Planning

A process in operations management aimed at determining optimal production levels, inventory, and workforce to meet anticipated demand.