Which of the following are costs of an inaccurate forecast?
A)Lost sales
B)Inventory
C)An understaffed office
D)Lower profits
E)All of the above

Question

Which of the following are costs of an inaccurate forecast?
A)Lost sales 
B)Inventory 
C)An understaffed office 
D)Lower profits 
E)All of the above

Quizplus · Accepted Answer

All of the above choices are costs of an inaccurate forecast. If the forecast is inaccurate, there is a risk of lost sales due to either inventory shortages or overstocks, understaffed office which leads to delays in production or missed deadlines, and lower profits due to inefficient use of resources. Therefore, accurate forecasting is crucial for businesses to make informed decisions and optimize their performance.

Which of the Following Are Costs of an Inaccurate Forecast