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MCQs on Sales and Operations Planning (S&OP) in Supply Chain
- What is the primary objective of Sales and Operations Planning (S&OP)?
- a) To reduce marketing expenses
- b) To align production and supply with demand forecasts
- c) To increase the number of suppliers
- d) To improve employee productivity
- Answer: b) To align production and supply with demand forecasts
- Which of the following is a key component of the S&OP process?
- a) Supplier selection
- b) Demand planning
- c) Product design
- d) Customer service
- Answer: b) Demand planning
- What is the main benefit of implementing an effective S&OP process?
- a) Increased inventory levels
- b) Reduced stockouts and overstock situations
- c) Enhanced supplier relationships
- d) Lower marketing costs
- Answer: b) Reduced stockouts and overstock situations
- Which phase of the S&OP process involves reviewing the performance of the previous period?
- a) Demand planning
- b) Supply planning
- c) Pre-S&OP meeting
- d) Executive S&OP meeting
- Answer: d) Executive S&OP meeting
- What is the role of the demand planning team in the S&OP process?
- a) To create marketing strategies
- b) To forecast future customer demand
- c) To negotiate with suppliers
- d) To manage inventory levels
- Answer: b) To forecast future customer demand
- Which of the following is a typical output of the S&OP process?
- a) Supplier contracts
- b) Production plan
- c) Marketing campaign
- d) Financial statement
- Answer: b) Production plan
- What is the purpose of the pre-S&OP meeting?
- a) To finalize the sales plan
- b) To identify and resolve any issues before the executive meeting
- c) To negotiate supplier contracts
- d) To conduct market research
- Answer: b) To identify and resolve any issues before the executive meeting
- Which function is NOT directly involved in the S&OP process?
- a) Marketing
- b) Finance
- c) Human Resources
- d) Operations
- Answer: c) Human Resources
- What does the term “consensus forecast” refer to in S&OP?
- a) A forecast agreed upon by the sales team
- b) A forecast based on historical sales data
- c) A forecast agreed upon by all departments involved in S&OP
- d) A forecast generated by a single department
- Answer: c) A forecast agreed upon by all departments involved in S&OP
- What is the main goal of the supply planning phase in S&OP?
- a) To increase sales
- b) To balance supply with forecasted demand
- c) To reduce marketing costs
- d) To improve supplier relationships
- Answer: b) To balance supply with forecasted demand
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