Question $(1)[6$ marks$]$ Select the correct answer for the following:

Which of the following activities is NOT part of demand management?

a$)$ Forecasting customer demand

b$)$ Entering orders and converting specific customer orders into promised delivery dates

c$)$ Managing financial accounts

d$)$ Confirming order status and communicating changes

What is the primary role of the control function in demand management?

a$)$ Executing plans without modification

b$)$ Modifying plans to accommodate forecast errors and changes

c$)$ Ignoring forecast errors and assumptions

d$)$ Overlooking actual demand information

Where are most control functions typically located in demand management?

a$)$ Sales module

b$)$ SOP module

$,$c$)$ MPS module

d$)$ Inventory management module

What characterizes independent demand in demand management?

a$)$ It is directly influenced by the actions of the firm

b$)$ It is driven by customer orders

c$)$ It is dependent on firm's plans and activities

d$)$ It is primarily influenced by market trends

What characterizes the customer order decoupling point or order penetration point?

a$)$ It marks the point where demand becomes independent

b$)$ It marks the point where demand becomes dependent

c$)$ It is the point where firm's strategy changes

d$)$ It is the point where customer preferences change

In a Make$-$to$-$Stock $($MTS$)$ environment, what is an important activity related to demand

management?

a$)$ Forecasting customer demand

b$)$ Tracking demand and maintaining an appropriate level of inventory

c$)$ Managing production capacity

d$)$ All of the above

What is the primary task of demand management in the Assemble$-$to$-$Order environment?

a$)$ Forecasting market trends

b$)$ Defining customer orders in terms of components and options

c$)$ Managing inventory levels

d$)$ Setting pricing strategies