Which of the following is a cost associated with overstock situations? a. Opportunity costs b. Holding costs c. Markdown costs d. Goodwill and reputation De Only a, b, and 9 2 Which of the following is a cost associated with overstock situations? Opportunity costs Holding costs Markdown costs Disposal costs All of the above you will share your forecast on a regular cadence with key decision makers inside your If you employ or firm and with supply chain partners. Last in last out (UFC). First in first out (FIFO) Sales & operations planning (58OP), Collaborative planning, forecasting & replenishment (CPFR) just in time Um, just in time II UIT II) Knowledge management systems (KMS), Key performance indicator (KPI) Simpler forecasting methods don't require Sophisticated models are A lot of data, data intensive Learning management systems, learning intense Lead times, time sensitive Logistics, logistics heavy Which of the following should you discuss in your CPFR cadence calls? ebex 65 Competitors plans, expected demand and forecasts Forecasts, promotions, and competitor's plans Expected demand forecasts and promotions Promotions, competitor's plans and expected demand ments CPF helps trading partners work together to build a single greed upon forecast. CPR us that someone already knows what your company's sales will be. Who is that someone Drive Company forecasters Suppliers Customers Upper management Integrated business planning (IP) is the new term for sales and operation planning That is, IBP is the hot new term consultants use to sell a forecasting process that has been around for years. True False A single MSE calculation doesn't give us a whole lot of information. We have to compare it to previous MSE's or industry benchmarks, True False If you want to catch new trends quickly and you are using exponential smoothing, your alpha should be larger than 5. True False 10 You want to use a correlation-based forecast when you can identify variables that predict the behavior you are interested in True False