ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

SUPPLY CHAIN MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Push demand
A
Build or create according to my actual demand
B
Predict the demand that gonna happen to the product and create based on predictions
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Demand Forecasting is based on scientific methods and proper judgment in order to correctly predict the future demand for a product or service.

Detailed explanation-2: -3] Barometric Method This method is based on the past demands of the product and tries to project the past into the future.

Detailed explanation-3: -Demand planning is the process of forecasting the demand for a product or service so it can be produced and delivered more efficiently and to the satisfaction of customers.

There is 1 question to complete.