ENTREPRENEURIAL PLANNING
OPERATIONS PLANNING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Uses aggregated demand forecast.
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Long-term Planning & Control
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Medium-termPlanning & Control
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Short-termPlanning & Control
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None of the above
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Explanation:
Detailed explanation-1: -Demand management is a planning methodology. Companies use it to forecast and plan how to meet demand for services and products.
Detailed explanation-2: -An estimate of sales, often time phased, for a grouping of products or product families produced by a facility or firm. Stated in terms of units, dollars, or both, the aggregate forecast is used for sales and production planning (or for sales and operations planning) purposes.
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