Practice Quiz

Supply Chain Management

Category - Demand

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____________ is a change in demand that can be forecasted. Products that that undergo this type of change in demand cause numerous problems in a supply chain.
  1. Variable occurrence
  2. Lead time
  3. Predictable variability
  4. None of the above.
Explanation
Answer: C - Predictable variability is a change in demand that can be forecasted. Products that that undergo this type of change in demand can create numerous problems in a supply chain, ranging from high levels of stock outs during peak demand periods to high levels of excess inventory during periods of low demand.
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