Which of the following is a complete closed loop planning system that develops plans for all materials and operations?
A) Capacity requirements planning
B) Enterprise resource planning
C) Supply chain management
D) Material requirements planning

Question

Quizplus · Accepted Answer

Enterprise resource planning (ERP) is a complete closed loop planning system that integrates all aspects of a business, including planning for materials and operations. It uses a centralized database to support all business functions, allowing for more accurate and efficient planning. Capacity requirements planning (A) focuses specifically on capacity planning, while material requirements planning (D) focuses only on materials planning. Supply chain management (C) is a broader concept that includes planning, coordination, and collaboration among all parties involved in the supply chain.

Which of the Following Is a Complete Closed Loop Planning