Systems That Enable a Firm to Generate Demand Forecasts for a Product

question 74

Multiple Choice

Systems that enable a firm to generate demand forecasts for a product and to develop sourcing and manufacturing plans for that product best describes supply chain ________ systems.

• A)demand
• B)delivery
• C)optimization
• D)execution
• E)planning

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Definitions:

Liability

refers to any type of financial commitment or obligation that an entity is responsible for, such as debts and legal responsibilities.

Employer Identification Number

A unique nine-digit number assigned by the IRS for identification of businesses in the United States for tax purposes.

Monthly Depositor

A business classified as a monthly depositor will make its payroll tax deposits only once each month for the amount of Form 941 taxes due from the prior month.

Look-Back Period

A specified time frame in the past during which relevant financial transactions or performance is reviewed or analyzed.