______ require the firm to project its aggregate demand from the present to several years in the future.
A)Intermediate-term demand planning decisions
B)Long-term demand planning decisions
C)Short-term demand planning decisions
D)Immediate demand planning decisions

Question

Quizplus · Accepted Answer

Long-term demand planning decisions require projecting aggregate demand several years in the future. This is a strategic decision that helps firms make decisions related to capacity planning, investment in new equipment, and other long-term decisions. Intermediate-term demand planning decisions typically cover a period of several months to a year, while short-term demand planning decisions cover a period of weeks or days. Immediate demand planning decisions are focused on responding to unexpected changes in demand that require immediate attention.

______ Require the Firm to Project Its Aggregate Demand from the Present