Demand Forecast Accuracy Is Important Because Overestimating Demand Leads to ________

question 117

Multiple Choice

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

• A)discount blowouts
• B)decreased inventory costs
• C)lost sales
• D)increased prices

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Definitions:

Perspective

A particular attitude towards or way of regarding something; a point of view, often influencing how situations are perceived.

Modifications

Changes or alterations made to a system, device, or software to customize or enhance its performance, appearance, or functionality.

Directory

In older operating systems, an electronic container that holds files and even other directories. Today’s operating systems use the term folder.