The management of customer orders and sale forecasts is called:
A) Forecast prediction
B) Demand management
C) Order management
D) Key account management

Question

Quizplus · Accepted Answer

The description matches the definition of demand management, which involves managing customer orders and sale forecasts to ensure that the right amount of inventory is available to meet customer demand. Option A) "Forecast prediction" is similar, but not specific enough to include order management. Option C) "Order management" is accurate, but does not encompass the aspect of forecasting. Option D) "Key account management" refers to strategies to manage relationships with important customers, but does not pertain to the management of orders and forecasts.

The Management of Customer Orders and Sale Forecasts Is Called