Which One of the Following Statements About Sales and Operations

question 137

Multiple Choice

Which one of the following statements about sales and operations planning is best?

• A) A production plan generally focuses on production rates and inventory holdings, whereas a staffing plan focuses on staffing and other labor-related factors.
• B) Supply options are actions that adjust demand patterns.
• C) Operations and marketing are the only two functional areas that supply inputs for developing production and staffing plans.
• D) A level strategy stabilizes inventory levels by adjusting production rates or staff levels to match demand levels over the planning horizon.

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Definitions:

Comprehensive Income

An all-inclusive measure of a company's income, including both its net income and other comprehensive income items that are not included in the net income.

Other Comprehensive Income

Components of total comprehensive income that are not part of net income, including items that have not been realized, such as unrealized gains or losses on available-for-sale securities.

Dividend Yield

A metric showing the annual dividend payments of a corporation as a proportion of its share price.

Market Price

The immediate value at which an asset or service is offered for buying or selling.