Which of the following information is needed to develop a make-to-stock production plan?
I. Forecast by time period for the production plan.
II. Opening inventory.
III. Opening backlog of customer orders.
IV. Desired ending inventory.
A) I, II and III
B) I, II and IV
C) 1, III and IV
D) II, III and IV
E) none of the above

Question

Quizplus · Accepted Answer

A make-to-stock production plan requires a forecast by time period for production planning (I), knowledge of the opening inventory (II), and desired ending inventory (IV). While knowledge of the opening backlog of customer orders (III) can inform production decisions, it is not strictly necessary for developing a make-to-stock plan.

Which of the Following Information Is Needed to Develop a Make-To-Stock