T/F? For supply chain analytics to become an important competitive resource, companies must reduce the time it takes to identify a supply chain problem or opportunity, perform the appropriate analysis and transform the insights into action.

T/F? Sophisticated models that can fit past data almost perfectly can explain the past, but don't necessarily predict the future quite well.

T/F? The future is a replication of the past. That means that extrapolating patterns and relationships from the past to the future provides assertive and accurate predictions.