Which of the Following Is True

question 44

Multiple Choice

Which of the following is true?

• A)computer software for demand forecasting dates back over 30 years
• B)one challenge to collaborative planning,forecasting,and replenishment is getting supply chain partners to share data
• C)the Excel software package tends to generate forecasts that generate very little error
• D)SAP is the most widely used software package for demand forecasting
• E)All are true

---

Definitions:

Percentage Increase

A measure of how much a quantity has grown compared to its original number, expressed as a percentage.

Demand Curve

The demand curve is a graphical representation showing the relationship between the quantity of a good consumers are willing to buy and its price.

Fewer Units

A scenario where a smaller quantity of a product is being produced, stocked, or sold, possibly due to lower demand or strategic decision-making.

Given Price

A specified cost at which a product or service is offered to consumers.