Log out Go to App
Go to App

Learning Materials

Features

Discover

Chapter 4: Q4OQ (page 580)

What term is used to identify the difference between the number of units of an item listed on the master schedule and the number of firm customer orders?

Short Answer

Expert verified

Available-to-Promise.

Step by step solution

01

Available-to-Promise

Available-to-Promiseis a business feature that gives a response to clients' order requests based on the availability of resources. It helps in generating the available quantity and delivery date for the requested product.

02

Purpose of Available-to-Promise

Available-to-Promisehelps a company to hold the minimum quantity of a given product inside their storehouses so that using the stock area is efficient. It helps the companies by reducing the possibilities of clients seeing the items as “out of stock”.

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Start your free trial

Over 30 million students worldwide already upgrade their learning with Vaia!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Most popular questions from this chapter

Question: What supply chain metric measures how many complete orders were filled and shipped on time?

Distinguish between in-process inventory, safety stock inventory, and seasonal inventory.

Many practitioners currently update MRP weekly or biweekly. Would it be more valuable if it were updated daily? Discuss.

These are orders that have already been released and are to arrive in the future.

Question: This is a type of forecast used to make long-term decisions, such as where to locate a warehouse or how many employees to have in a plant next year?
See all solutions

Recommended explanations on Business Studies Textbooks

Managers

Read Explanation

Corporate Finance

Read Explanation

Introduction to Business

Read Explanation

Nature of Business

Read Explanation

Change Management

Read Explanation

Intermediate Accounting

Read Explanation
View all explanations

What do you think about this solution?

We value your feedback to improve our textbook solutions.

Study anywhere. Anytime. Across all devices.

Sign-up for free