Materials Planning: Process, Overview


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question 1 of 3

Materials Planning is concerned with controlling inventories of:

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1. The flow of budget information in Materials Planning is:

2. Materials Planning involves:

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About This Quiz & Worksheet

The questions on this quiz will deal with key terms related to the materials planning process. All of the questions will ask you to complete the sentence with the correct definition of a given term.

Quiz & Worksheet Goals

The quiz and worksheet have the following topics:

  • Types of inventories in materials planning
  • The sequence for the flow of budget information
  • What materials planning involves
  • Characteristics of materials planning
  • The definition of a production budget

Skills Practiced

  • Interpreting information - verify you can read information regarding the types of inventories in materials planning and interpret it correctly
  • Knowledge application - use your knowledge to answer questions about the sequence for the flow of budget information
  • Reading comprehension - ensure that you draw the most important information from the related materials planning process lesson

Additional Learning

You should also read the corresponding lesson called Materials Planning: Process, Overview. This lesson will help you:

  • Understand what materials planning involves
  • Identify the goal of the materials planning process
  • Describe the items that are accounted for in the process
  • Explain the consequences of too little or too much inventory
  • Appreciate the benefits of a proper materials planning process