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Demand planning and forecasting leads to the development of the overall ________. Group of answer choices sourcing plan transportation schedule production plan expected demand safety stock plan

1 Answer

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Answer: Expected demand safety.

Step-by-step explanation:

The expected demand safety is the forecasting of demand in order to predict and understand customer demand in order to maximize supply decisions by business management. The expected demand safety can be gotten by using quantitative methods like the use of data such as historical sales data, and statistical techniques gotten from test markets.

Demand forecasting can be used in inventory management, production planning, evaluating the future volume requirements, and also to make decisions about entering a new market or not.

answered
User Federico Perini
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