The process of replanning each period for a given number of periods into the future is referred to as which of the following terms?
A)Rolling planning horizon
B)Material requirements planning
C)Aggregate planning
D)Master Production Schedule.

Question

Quizplus · Accepted Answer

Rolling planning horizon refers to the process of updating and revising plans for a specified number of future periods based on actual or anticipated events. This approach allows organizations to adjust their plans dynamically in response to changes in demand, supply, or other factors that may affect their operations. Material requirements planning (B) is a specific technique for scheduling and ordering materials based on production forecasts and inventory levels. Aggregate planning (C) involves determining overall production levels, workforce requirements, and inventory levels to meet demand over an extended period, typically six to eighteen months. Finally, Master Production Schedule (D) is a detailed plan for delivering specific products or services on a specified schedule, based on the information provided by aggregate planning and material requirements planning.

The Process of Replanning Each Period for a Given Number