What do demand planning systems use to generate demand forecasts?
A)Statistical tools and forecasting techniques
B)Historical data
C)MRP II
D)JIT

Question

Quizplus · Accepted Answer

Demand planning systems use statistical tools and forecasting techniques to generate demand forecasts. These techniques analyze historical data along with other external factors such as seasonality, trends, and market changes to predict future demand. MRP II and JIT are related to inventory management and production control and are not used for generating demand forecasts.

What Do Demand Planning Systems Use to Generate Demand Forecasts