Question $1(4$ points$)$

$3$

Forecasts are always inaccurate and should thus include both the expected value of the forecast and a measure of forecast error.

True

False

Question $2(5$ points$)$

$12$

Usies

Which of the following products have stable demand, thus generally easier to forecast? Select all that apply.

milk

high$-$tech products

customited jewery

fashion goods

paper towels

Question $3(5$ points$)$

$$

What is collaborative forecanting in supply chain?

When each stage in the supphy chain makes its own separate forecast

When downstream retailers generate the demand and share with the manufacturers

When all stages of a supply chan work together to problec a forecast

When spitream suppliers generate the demand and share with the manufactures