Question
1.The company is planning new products and needs a demand forecast to use as part of the analysis. What time horizon should be utilized for
1.The company is planning new products and needs a demand forecast to use as part of the analysis. What time horizon should be utilized for this forecast?
A.Long-range time horizon
B.Medium-range time horizon
C.Short-range time horizon
D.Nave method, because there is no data history
E.All of the above
2.A battery manufacturer supplies car batteries to NAPA, Amazon, and WalMart. Each customer has a different label placed on their battery. Batteries are made and stored in the distribution center and when an order is received from NAPA, the labels for NAPA are added to the batteries and then the order is shipped. This is an example of
a.Standardization
b.Postponement
c.Timely customization
d.Backward integration
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