A Forecasting System That Brings the Manufacturer and Its Customers

question 48

Multiple Choice

A forecasting system that brings the manufacturer and its customers together to provide input for forecasting is a(n) :

• A) nested system.
• B) harmonically balanced supply chain.
• C) iterative Delphi method system for the supply chain.
• D) collaborative planning, forecasting, and replenishment system.

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Definitions:

Negative Actions

Behaviors or deeds that have harmful, destructive, or undesirable outcomes.

Illusory Correlations

The perception of a relationship between two variables even when no such relationship exists.

Kernel of Truth

The idea that many myths, stereotypes, or exaggerated claims have a basis in fact, however small or misinterpreted that fact may be.

Perceived Homogeneity

The tendency to see members of an out-group as more similar to each other than they really are or than members of the in-group.