Question $11$

In the session on "managing inventory throughout the product life cycle" we covered the

"accurate response" system for matching supply with demand when a single replenishment

order is allowed. Which of the following is not a part of the "accurate response" approach?

using variation among forecasts for an item as an indicator of demand uncertainty

using early seaso sales figures to update item demand forecasts

using lower cost foreign suppliers for the items with high demand uncertainty

the use of risk$-$based production sequencing for low uncertainty and high uncertainty items