The Downside of Poor Forecasting Includes All of the Following

question 24

Multiple Choice

The downside of poor forecasting includes all of the following except ____.

• A) higher inventory volumes
• B) poor customer service as inventory is misallocated across locations and products
• C) higher inventory carrying charges
• D) excessive safety stock levels
• E) increased customer service

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Definitions:

Prejudice And Discrimination

Prejudice refers to preconceived opinions or attitudes towards individuals or groups, while discrimination involves actions or behaviors that disadvantage people based on these prejudices.

Frustration

The psychological experience produced by the blocking of a desired goal or fulfillment of a perceived need.

Attribution

The process by which individuals explain the causes of their own and others' behaviors and events.

Balance Theory

A theory in social psychology that explains how individuals maintain their attitudes and beliefs in harmony to avoid cognitive dissonance, focusing on triadic relationships between an individual, another person, and an object or idea.