Demand Forecast Accuracy Is Important Because Underestimating Demand Leads to ________

question 15

Multiple Choice

Demand forecast accuracy is important because underestimating demand leads to ________.

• A)high inventory costs
• B)lost sales
• C)customer satisfaction
• D)discount blowouts

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Definitions:

Effective Annual Rate

The interest rate on an investment or loan on an annual basis, taking compounding into account, providing a true reflection of financial returns or costs.

Effective Annual Rate

The interest rate on an investment or loan that considers compounding over a specified period, usually yearly.

Nominal Rate

The interest rate unadjusted for inflation, expressing the literal annual cost of credit or return on investment.

Nominal Rate

The reported percentage rate without taking inflation into account, representing the actual yearly cost of funds to the borrower.