Sharing Customer Demand Data with Suppliers

question 19

Multiple Choice

Sharing customer demand data with suppliers

• A)Helps reduce information distortion
• B)Makes estimating demand less risky for suppliers
• C)Gives suppliers a longer length of time to react to fluctuations in demand
• D)All of the above

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Definitions:

Inductive Approach

A method of reasoning that involves drawing generalizations based on observations, starting from specific instances and moving towards broader principles.

Deductive Approach

A reasoning process that moves from a general premise to a specific conclusion.

Antagonizing

Actively causing someone to become hostile or creating an adversary unnecessarily.

Perception Of Reality

How individuals interpret the world around them, which can differ significantly from person to person based on experiences and beliefs.