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Which questions are settled at the production planning stage?
AWhere, when, and how production will occur
BWhich staff will be promoted in the next year
CWhat price the finished goods will be sold at
DHow the annual accounts will be presented
Answer & Solution
Correct answer: A. Where, when, and how production will occur
1. Planning is the first of the three operations stages.
2. At this stage managers decide where, when, and how production will occur.
3. They also determine site locations and obtain the necessary resources.
4. Selling price and financial reporting sit with marketing and accounting rather than with operations planning.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 10 "Achieving World-Class Operations Management", section 10.1 Production and Operations Management_
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