In Reality,demand and Prices Are Highly Uncertain and Are Likely

question 40

True/False

In reality,demand and prices are highly uncertain and are likely to fluctuate during the life of any supply chain decision.

---

Definitions:

Interest Rates

The percentage charged on borrowed money or paid on savings, essentially the cost of borrowing or the reward for saving.

Annually

Occurring every year or pertaining to a period of one year.

Consumer Credit-Card Rate

The interest rate that banks charge consumers on the balances they carry on their credit cards.

Prime Rate

The interest rate that commercial banks charge their most creditworthy customers, often used as a benchmark in lending rates.