Which of the following is useful for forecasting the required level of inventory? 1. Statistical modeling. 2. Information about seasonal variations in demand. 3. Knowledge of the behavior of different business cycles. 4. Pricing models linked to seasonal demand.
A) 1 and 2 only
B) 2 and 3 only
C) 1, 2, and 3 only
D) 1, 2, 3, and 4

Question

Quizplus · Accepted Answer

Statistical modeling, information about seasonal variations in demand, and knowledge of the behavior of different business cycles are all useful for forecasting the required level of inventory.

Which of the Following Is Useful for Forecasting the Required