The Production Plan is usually updated and reevaluated:
A) weekly
B) monthly
C) quarterly
D) semi-annually
E) annually

Question

Quizplus · Accepted Answer

The production plan needs to be flexible and adaptable to the changing market demands, supplier reliability, and inventory management. Monthly updates will allow the company to quickly adjust to any changes in demand and supply. Updating it too frequently may lead to unnecessary disruptions, while updating it less frequently may lead to missed opportunities or excess inventory. Therefore, monthly updates strike a balance between agility and stability.

The Production Plan Is Usually Updated and Reevaluated