Question: 2 . Forecast plays an important role in . a . Budgeting b . planing C . inventory D . production 3 . Business forecasting

2. Forecast plays an important role in.
a.Budgeting
b.planing
C.inventory
D.production
3. Business forecasting pertains to more than predicting.
a. Supply
B.inventor
C.Demand
D.trend

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The detailed answer for the above question is provided bel... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

After establishing the collaboratives goals, Dahlstroms boss asks what contingency factors might influence the Collaboratives plans to reach these goals. Dahlstrom responds that planning contingency...

Q:

CASE #3 SUPPLY CHAIN MANAGEMENT LEARNING OBJECTIVES 1 Definition and main terms of Supply Chain Management in organization. 2 Definition of Supply Chain Manager and description of the main duties...

Q:

Introduction In 2010, New United Motor Manufacturing, Inc., a unique and highly successful joint venture between Americas General Motors and Japans Toyota, went out of business. NUMMI, as the...

Q:

2 . Forecast plays an important role in . a . Budgeting b . planing C . inventory D . production 3 . Business forecasting pertains to more than predicting. a . Supply B . inventor C . Demand D . trend

Q:

Integrated Case: Operations Assignment (INFO300) There are two Disney cases that you must read to complete this assignment. However, before you read the two cases, you must refresh your understanding...

Q:

Using the six key operations management functions (listed below for your convenience) answer the questions listed below. Forecasting, Project Management, Quality Management, Process Design, Supply...

Q:

I need this project to be checked Meaning to go through the assignment and CHECK and FIX, ANY mistakes, including but not limited to adding references, correcting calculations, rewording text, fixing...

Q:

A Review Study of Information Systems Forat Falih Hasan Dept. of computer T.Engineering Alkitab University College Kirkuk. Iraq ABSTRACT AIl the above discusions malize reliable information to The...

Q:

What type of company was studied? What kind of product did they sell? What is their geographic reach? Why is demand forecasting in this business? What types of models did the author use? Please give...

Q:

BRIEF EXERCISES 1. Advantages of Budgeting LOI Review the following incomplete statements regard- ing the advantages of budgeting. a. The budgeting process forces management to focus on the and not...

Q:

An unhappy 0.300-kg rodent, moving on the end of a spring with force constant k = 2.50 N/m, is acted on by a damping force Fx = -bv x. (a) If the constant b has the value 0.900 kg/s, what is the...

Q:

The HR Partnership has total partners equity of $760,000, which is made up of Hall, Capital, $600,000 and Reynolds, Capital, $160,000. The partners share net incomes and losses in a ratio of 75% to...

Q:

After reading the case, formulate an answer on how you would move the scrap steel bars onto the rail car within the allotted time ( two weeks ) with the assigned workers and without using any...

Q:

Jivraj and Juma are accountants at Desktop Computers. Desktop Computers has not adopted the revaluation model for accounting for its property, plant, and equipment. They disagree over the following...

Q:

The following selected accounts appear in the ledger of Patton Environmental Inc. on July 1, 2012, the beginning of the current fiscal year: Preferred 2% Stock, $75 par (40,000 shares authorized,...

Q:

The issue had come up again and again in various management meetings and company seminars. Novartis had too many products and needed to reduce the product proliferation that had occurred. Thomas...

Q:

Hahn Textiles has a tax loss carry forward of $800,000. Two firms are interested in acquiring Hahn for the tax loss advantage. Reilly Investment Group has expected earnings before taxes of $200,000...

Q:

GrowMaster Products, a rapidly growing distributor of home gardening equipment, is formulating its plans for the coming year. Carol Jones, the firms marketing director, has completed the following...

Q:

What can go wrong?" Is a question asked at which step of the Risk, Issue and Opportunity Management Guide's cyclical five-step process? A. Risk Monitoring B. Risk Identification C. Risk Handling D....

Q:

Under what conditions would a strategy of multiple entry modes be most appropriate and under what conditions would it be inappropriate? Discuss.

Q:

Can an exporter realistically follow the strategy of product phasing when replacing a product in the product line being exported to a foreign market? Explain.

Q:

Which distance is most important to a manager who is considering foreign markets to enter?

Q:

3.41. In 2004, the five-numbersummary forthe statewide percentage ofpeople without health insurance had a minimum of 8.9% (Minnesota), Ql = 11.6, Med = 14.2, (93 = 17.0, and maximum of 25.0% (Texas)...

Q:

3.40. Infant mortality rates (number of infant deaths, per 1000 live births) are reported by the UN. In their 2006 report, the values for Africa had a five-number summary of min 54,Q1 - 76, median -...

Q:

3.39. For the student survey data on number of times a week reading a newspaper, referred to in Exercise 1.11, Figure 3.20 shows a computer printout of the stem-and-leaf plot and the box plot. (a)...