Inaccurate forecasts can result in negative outcomes like:
A) High inventory costs and increased profits
B) Imbalances in supply and demand
C) Material shortages and decreased costs of obsolescence
D) Low inventory costs and stockouts

Question

Quizplus · Accepted Answer

Inaccurate forecasts can lead to imbalances in supply and demand, which can result in either excess inventory and increased costs or stockouts, lost sales, and reduced profits. Therefore, option B is the best choice. The other options are not correct as they do not reflect the negative outcomes of inaccurate forecasting.

Inaccurate Forecasts Can Result in Negative Outcomes Like