One type of demand fluctuation is caused by random variation. What is random variation?
a. errors in inventory management
b. errors not caught by using exponential smoothing
c. a development that cannot normally be anticipated
d. failure to properly execute the SO&P process plan
c
You might also like to view...
According to the VAL system, consumers that have strong principles and favor brands are considered ________
A) strivers B) makers C) strugglers D) believers
Which of the following functions cannot be outsourced?
a. Accounting b. Legal c. IT d. all of these functions can be outsourced
Which of the following is irrelevant in computing a machine's depreciation expense using the production method?
a. Actual units produced in a given period b. Residual value c. Estimated useful life in years d. Estimated units produced over its life
______ reading requires that you write a text in full and deliver it word for word, but you need not commit the text to memory.
Fill in the blank(s) with the appropriate word(s).