_________Are Those Risks That Remain After Avoidance, Transfer, or Mitigation

question 17

Short Answer

_________are those risks that remain after avoidance, transfer, or mitigation strategies have been applied.

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Definitions:

Simulation Forecasting Methods

Techniques that use models to predict future outcomes based on varying inputs and scenarios, helping in decision-making processes.

Collaborative Forecast

A forecast made using input from multiple stakeholders, such as suppliers, customers, and partners, to improve accuracy and planning.

Supply Chains

The entire network of entities involved, directly or indirectly, in serving a customer with a product or service.

Responsive

The ability to quickly and accurately react to changes or inputs, often used in the context of web design or customer service.