Asked by
Angela Gatbonton
on Oct 18, 2024
Verified
Predictable variability is
A) change in demand that can be forecasted.
B) change in demand that cannot be forecasted.
C) change in demand that has been planned.
D) change in demand that has been scheduled.
Predictable Variability
Patterns or changes in demand, supply, or other business factors that can be anticipated based on historical data or known trends.
Demand
The quantity of a product or service that consumers are willing and able to purchase at various prices during a specified time period.
- Differentiate between variability that can be anticipated and that which cannot, and understand their respective consequences.
Verified Answer
TP
Learning Objectives
- Differentiate between variability that can be anticipated and that which cannot, and understand their respective consequences.
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