Question

When a company implements its monthly S&OP process, the process should begin with: a. Developing and specifying the constraints related to manufacturing capabilities b. Determining the business planning vs financial objectives c. Looking at existing orders from major customers d. Gathering information from sales and marketing

Answer 1

Answer:

The answer is b. Determining the business planning vs financial objectives

Explanation:

Financial performance for the previous month is consolidated to provide inputs for analyzing the current month’s S&OP cycle. Actual costs are compared with budgets and forecasts to analyze forecast accuracy over a rolling time frame.