Which Statement Concerning Vending Machines Is Correct

question 12

Multiple Choice

Which statement concerning vending machines is correct?

• A)Over 95 percent of vending machine sales involve hot and cold beverages and food items.
• B)Eighty-five percent of vending machine sales involve cigarettes.
• C)There has been significant growth in the sale of items priced above $5.00 in vending machines.
• D)Most vending machines are equipped with dollar bill changers.

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Definitions:

Forecast Error

The difference between the actual demand and the forecasted demand, indicating the accuracy of forecasting models.