As October came to a close, Geoff updated the sales and operations plan with figures for actual sales, production, inventory, costs, and constraints before turning the production staff's attention to November, a process known as:
A) planning.
B) rolling.
C) closing out.
D) pencil whipping.

Question

Quizplus · Accepted Answer

The process described is commonly known as "rolling" the plan, where the focus shifts to the next time period (in this case, November) and updates are made based on actual results and anticipated constraints. Planning typically involves creating the initial plan, while closing out refers to finalizing and reviewing the plan at the end of a time period. Pencil whipping means to complete a task or record without actually doing the required work, which is not a valid description of the process described in the scenario.

As October Came to a Close, Geoff Updated the Sales