The operations planning practice of inputting sales forecasts into computer software that accurately predicts the amount and timing of materials needed to complete products and projects is:

Question

Quizplus · Accepted Answer

The described practice of inputting sales forecasts into computer software that predicts materials needed is known as Materials Requirement Planning (MRP). This is a common practice in operations planning and helps to ensure that materials are available when needed to complete projects and products. Enterprise Resource Planning (ERP) is a larger system that incorporates MRP as well as other business processes such as finance and human resources. Virtual accuracy tool and computer-based materials model are not commonly used terms in operations planning.

The Operations Planning Practice of Inputting Sales Forecasts into Computer