Make-to-Stock vs. Make-to-Order?

Q: Inventory turnover is O a. Higher when product takes longer time to manufacture O b. Ratio of annual…

A: the correct answer is

Q: Importance of safety stock based on customer relationship management

A: Stocks are inventory kept by an organization to sell. However, this inventory has to be maintained.…

Q: Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the…

A: Find the Calculation methods below:

Q: How much does the pricing of PLD process technologies change, and which PLDs do you consider to be…

A: Programmable Logic Devices (PLDs) have existed for more than three decades and have developed over…

Q: When is safety stock typically reviewed in a periodic review system?  a) Continuously  b) At…

A: b) At fixed time intervalsAn inventory management technique called a periodic review system involves…

Q: true or false Introducing pressure on internal suppliers is a motive for corporate venturing.

A: This option is incorrect because corporate venturing  provides innovation and entrepreneurship in…

Aggregate Planning Strategies

On the basis of the demand forecast, an organization can complete its business plans. When the business plans are complete, an organization can work backward from the completed total sales to the raw materials needed. Thus, annual and quarterly plans are divided into labor, raw material, working capital, and other demands for a medium-term period (6 months to 18 months). This process of evaluating moderate production requirements is known as aggregate planning.