Forecasts of Future Demand Are Used by Operations People to Plan

question 119

True/False

Forecasts of future demand are used by operations people to plan capacity.

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Definitions:

Defects Measurement

The process of identifying, quantifying, and analyzing defects in products or services to improve quality and customer satisfaction.

Buyer-supplier Network

A system of organizations, people, technology, activities, information, and resources involved in moving a product or service from supplier to buyer.

Informal System

A network or process within an organization that is not officially sanctioned but emerges from the relationships and social networks among employees.

Current Sources

The existing suppliers or providers from which a company obtains products, services, or information.