Inaccurate forecasts can result in negative outcomes like:
A)Stockouts and poor responsiveness to market dynamics
B)High inventory costs of inventory and increased profits
C)Material shortages and decreased costs of obsolescence
D)Low inventory costs of inventory and stockouts

Question

Quizplus · Accepted Answer

Inaccurate forecasts can lead to stockouts which means that the company will not have enough inventory to meet the demand of customers. This can result in lost sales and customers who may switch to competitors. Poor responsiveness to market dynamics can also mean that the company may not be able to adapt to changing trends or customer needs, which can lead to decreased profitability in the long run.

Inaccurate Forecasts Can Result in Negative Outcomes Like