The uncertainty of customer demand for a product is the
A)rate of strategic uncertainty.
B)demand uncertainty.
C)implied demand uncertainty.
D)average forecast error.

Question

Quizplus · Accepted Answer

Demand uncertainty refers to the degree of unpredictability in customer demand for a product. This uncertainty can be influenced by a variety of factors such as consumer behavior, market trends, and external events. Therefore, B is the best choice as it accurately describes the uncertainty of customer demand for a product. A, C, and D are not the best choices as they either do not accurately describe demand uncertainty or focus on other aspects of uncertainty.

The Uncertainty of Customer Demand for a Product Is the