Which Supply Chain Planning Function Determines How Much Product Is

question 75

Multiple Choice

Which supply chain planning function determines how much product is needed to satisfy all customer demands?

• A) Distribution management
• B) Replenishment planning
• C) Demand planning
• D) Order planning
• E) Just-in-time planning

---

Definitions:

Contractual Duty

An obligation imposed by a contract that requires a party to act or refrain from acting in a certain way.

Liquidated Damage

An amount of money, agreed upon by parties in a contract, to be paid as compensation by one party to the other in the event of a breach of contract.

Approximation

The process of finding a value that is close enough to the right answer, usually within an acceptable margin of error.

Avoid a Contract

To legally cancel or nullify a contract, effectively acting as though the contract never existed.