Reference no: EM132262879
1. The demand planning horizon is depended on:
a. Product type
b. Production strategy such as MTO, MTS
c. Lead time
d. All of the above
2. When there is not a lot of currently relevant data available it is generally best to use:
a. Qualitative forecasting
b. Time series forecasting
c. Naive forecasting
d. Simple moving average forecasting
3. Higher inventories, higher costs, longer response times, and lost customers can result from?
a. Lack of trust between trading partners
b. Lack of supply chain visibility
c. Lack of vendor managed inventories
d. Reactive initiatives