Planning numbers needed for effective decision making are typically developed by:
A)forecasting.
B)capacity planning.
C)inventory management.
D)process selection.

Question

Quizplus · Accepted Answer

Planning numbers needed for effective decision making are typically developed by forecasting, which involves estimating future demand for products or services, as well as the resources needed to meet that demand. Capacity planning, inventory management, and process selection are all important aspects of successful operations management, but they are not typically the primary methods for developing planning numbers.

Planning Numbers Needed for Effective Decision Making Are Typically Developed