E-commerce has created an immense need for ________ and an abundance of available information for performing it.
A) nonlinear programming
B) forecasting
C) auction models
D) queuing

Question

Quizplus · Accepted Answer

E-commerce requires accurate forecasting to make informed decisions about inventory management, pricing, and marketing strategies. With the vast amount of available data, forecasting can be done using complex algorithms and statistical models to analyze trends and patterns in consumer behavior. Nonlinear programming, auction models, and queuing are not directly related to the need for forecasting in e-commerce.

E-Commerce Has Created an Immense Need for ________ and an Abundance