Which of the Following Is Incorrect About Collaborative Planning,Forecasting and Replenishment

question 29

Multiple Choice

Which of the following is incorrect about Collaborative Planning,Forecasting and Replenishment (CPFR) ?

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

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Definitions:

Action Potentials

Electrical impulses that enable the transmission of information along the neurons.

Excitatory Input

Neural input that increases the likelihood of the firing of an action potential in receiving neurons, facilitating neuron-to-neuron communication.

Threshold

The minimum level of stimulus intensity required for a stimulus to be detected or for a response to occur.

Endorphins

Neurotransmitters produced in the brain that act as natural painkillers and also improve mood, often released in response to stress or exercise.