Examveda

The objective of conducting a short-term forecasting is

A. estimate inventory requirement

B. provide transportation for month

C. to decide current work load

D. all of the above

Answer: Option D


This Question Belongs to Management >> Operations Research

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The use of decision models.

A. Is possible when the variables value is known

B. Reduces the scope of judgement & intuition known with certainty in decision-making

C. Require the use of computer software

D. None of the above