Transforming forecasts into plans of activity to satisfy the projected demand is known as
A) supply chain coordination.
B) forecasting.
C) aggregate planning.
D) revenue management.
E) pricing.

Question

Quizplus · Accepted Answer

Aggregate planning involves using forecasts to develop a plan of action for satisfying the projected demand. This plan of action includes decisions about production levels, staffing, and inventory management, which all aim to ensure that demand is met efficiently and effectively.

Transforming Forecasts into Plans of Activity to Satisfy the Projected