Systems That Enable a Firm to Generate Demand Forecasts for a Product

question 36

Multiple Choice

Systems that enable a firm to generate demand forecasts for a product and to develop sourcing and manufacturing plans for that product best describes supply chain ________ systems.

• A) demand
• B) delivery
• C) planning
• D) execution

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Definitions:

Online Pastimes

Activities or hobbies that individuals engage in on the internet, such as gaming, social media, or consuming digital content.

Virtual Meetings

Gatherings conducted via telecommunication technologies, allowing participants to interact without physical co-location.

Competitive Advantage

The distinctive characteristics or situations that enable a company to surpass its rivals in performance.

Low Costs

A strategy or situation characterized by minimal expenses or financial outlay, aimed at achieving competitive advantage or operational efficiency.