Chapter 7 Demand Forecasting in a Supply Chain True/False 1
The forecast of demand forms the basis for all strategic and planning decisions in a supply chain
Answer: True Difficulty: Moderate 2
Throughout the supply chain, all pull processes are performed in anticipation of customer demand, whereas all push processes are performed in response to customer demand
Answer: False Difficulty: Easy 3
For pull processes, a manager must forecast what customer demand will be in order to plan the level of available capacity and inventory
Answer: True Difficulty: Moderate 4
For push processes, a manager must forecast what customer demand will be in order to plan the level of available capacity and inventory
Answer: False Difficulty: Hard The resulting forecast accuracy enables supply chains to