Which of the Following Generates Demand Forecasts Using Statistical Tools

question 183

Multiple Choice

Which of the following generates demand forecasts using statistical tools and forecasting techniques?

• A)Bullwhip effect
• B)Demand planning system
• C)Supply chain visibility
• D)Supply chain execution system

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Definitions:

Economic Disaster

A situation where a significant and sudden downturn in the economy leads to widespread financial hardship.

Seasonal Agriculture

Farming activities that depend on seasonal cycles, often requiring temporary labor to plant, cultivate, and harvest crops.

Wages

The fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee, especially to manual or unskilled workers.

Immigrant Families

Households that have relocated from one country to another, often facing unique challenges such as integration, language barriers, and cultural adaptation.