______ aim to guarantee that the firm can fulfill customer orders and has adequate stocks of inventory.
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

Short-term demand planning decisions aim to ensure that the firm has enough inventory to fulfill customer orders in the short term (usually up to six months). This involves determining how much inventory to order and when to order it, as well as balancing the costs of inventory holding with customer service levels. Intermediate-term and long-term planning decisions deal with forecasting demand and capacity planning for future periods beyond the short term. Immediate-demand planning decisions are related to unexpected events or disruptions in the supply chain that require immediate action to ensure customer orders are met.

______ Aim to Guarantee That the Firm Can Fulfill Customer