Which of the following mechanisms for enhancing profitability is most likely to result from improving short-term forecast performance?
A)increased inventory
B)reduced flexibility
C)higher-quality products
D)greater customer satisfaction
E)greater seasonality

Question

Quizplus · Accepted Answer

Improving short-term forecast performance allows businesses to better anticipate customer demand, leading to more accurate stock levels and service provisions. This can significantly enhance customer satisfaction by ensuring that products or services are available when needed, without the delays or shortages that can occur with less accurate forecasting.

Which of the Following Mechanisms for Enhancing Profitability Is Most