How does product design affect forecasting accuracy?
A)Postponable product designs remove the need to forecast demand for final product configurations.
B)A popular product design improves the demand volume and forecast.
C)Forecast accuracy is not related to product design.
D)None of the statements are true.

Question

Quizplus · Accepted Answer

Postponable product designs allow for customization closer to the date of sale, which eliminates the need to forecast demand for specific product configurations. This can improve forecasting accuracy as it reduces the risk of over- or under-estimating demand for specific products.

How Does Product Design Affect Forecasting Accuracy