Overestimating demand is much more destructive than underestimating demand because of manufacturing,distribution,and storing costs.

Name: Overestimating demand is much more destructive than underestimating demand because of manufacturing,distribution,and storing costs.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Underestimating demand can also be destructive as it leads to lost sales opportunities, dissatisfied customers, and potential damage to a brand's reputation, which can be as harmful as the costs associated with overestimating demand.

Overestimating Demand Is Much More Destructive Than Underestimating Demand Because