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Which four decisions must be made in production planning?
APricing, advertising, distribution, and after-sales service
BHiring, training, appraisal, and compensation of workers
CBorrowing, investing, budgeting, and financial reporting
DProduction process, site selection, layout, resource planning
Answer & Solution
Correct answer: D. Production process, site selection, layout, resource planning
1. Four important decisions have to be made during production planning.
2. The first is the type of production process that will be used.
3. The second and third are site selection and facility layout.
4. The fourth is resource planning, which secures the materials, parts, equipment, and labor.
5. Options A, B, and C list marketing, human resource, and finance decisions, none of which is a production planning choice.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 10 "Achieving World-Class Operations Management", section Gearing Up: Production Planning_
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