Question

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 ________________.

Answer 1

Answer:

"Materials requirement planning" is the correct answer for the above question.

Explanation:

• The "Materials requirement planning" is a software system that is used to hold the record of the raw materials.
• It is used to tell about the material which is present in the stocks. It also used to schedule the delivery.
• This software is used to enhance the productivity of the company.
• The above question asked about the software which is needed to keep the record of the raw material. This software is known as "Materials requirement planning".