Demand Planning Systems Generate Demand Forecasts Using Statistical Tools and Forecasting

question 178

True/False

Demand planning systems generate demand forecasts using statistical tools and forecasting techniques,so companies can respond faster and more effectively to consumer demands through supply chain enhancements.

---

Definitions:

Meteoroid

A small particle from a comet or asteroid that is in the solar system and that could enter the Earth's atmosphere, becoming a meteor.

Channels

Natural or artificial waterways used for navigation or irrigation, vital for transport and agriculture.

Radar Image

A digital representation of an object or landscape produced by the reflection of radar waves.

Hematite

A mineral form of iron(III) oxide (Fe2O3), typically a reddish-black color, which is an important ore of iron.