Industrial Revolution factories needed accurate demand forecasts to avoid making ________ products.
A)too few
B)too many
C)too many or too few
D)too large or too small

Question

Quizplus · Accepted Answer

Factories during the Industrial Revolution needed accurate demand forecasts to ensure they did not produce too many products, leading to excess inventory, or too few products, resulting in missed sales opportunities. Thus, accurate forecasting was crucial to avoid both scenarios.

Industrial Revolution Factories Needed Accurate Demand Forecasts to Avoid Making