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Supply Chain Management (SCM) MCQs
Demand forecasting helps supply chain managers to ____.
17. Demand forecasting helps supply chain managers to ____.
- Eliminate all demand variability
- Plan production schedules with certainty
- Make informed decisions about inventory levels
- Increase stockouts and backorders
Answer
The correct answer is: C) Make informed decisions about inventory levels
Explanation
Demand forecasting provides insights into expected demand patterns, allowing for better inventory management and resource allocation.