The Downside of Poor Forecasting Includes All of the Following

question 67

Multiple Choice

The downside of poor forecasting includes all of the following except _____.

• A)higher inventory volumes
• B)poor customer service as inventory is misallocated across locations and products
• C)higher inventory carrying charges
• D)excessive safety stock levels
• E)decreased customer service costs

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Definitions:

Personality Test

A questionnaire or other standardized instrument designed to reveal aspects of an individual's character or psychological makeup.

Self-Esteem

An individual's subjective evaluation of their own worth or value.

Critical Thinking Skills

The ability to analyze information objectively and make a reasoned judgment, involving the evaluation of sources, identification of assumptions, and assessment of conclusions.

Emotional Intelligence

The ability to perceive accurately, appraise, and express emotion.