Question: You are deciding which demand forecasting system to use for a line of products: A / F approach ( see LLBean ) or a panel
You are deciding which demand forecasting system to use for a line of products: AF approach see LLBean or a panel of experts see Sport Obermeyer Which of the following considerations will support the panel of experts' approach?
Group of answer choices
Demand has to be forecasted for a large number of items.
All items in the product line have approximately the same coefficient of variation.
News vendor model will be used to make stocking decisions.
Items in the product line differ significantly in the coefficient of variation.
Reactive capacity is available to make the second ordering decision.
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