Which of the Following Is NOT True About Collaborative Planning,Forecasting

question 13

Multiple Choice

Which of the following is NOT true about Collaborative Planning,Forecasting and Replenishment (CPFR) ?

• A)The basic idea is to share forecasting information with the suppliers and customers in the supply chain.
• B)It is best applied to a few customers representing the bulk of demand.
• C)It creates visibility in the supply chain minimizing the occurrence of the bullwhip in supply chains.
• D)It requires advanced forecasting tools such as Box-Jenkins to improve the forecasting accuracy.

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Definitions:

Emotional Timing

The appropriate or effective management and expression of emotions in various situations, considering context and interpersonal dynamics.

Emotional Quotient

A measure of a person's ability to recognize and manage their emotions and the emotions of others.

Situational Timing

The identification of the most appropriate or opportune moment to take action within a specific context.

Prejudice

Preconceived opinion or judgment towards people, groups, or subjects, often based on stereotypes and without factual justification.