
Demand Forecasting & Inventory Management
Quiz
•
Business
•
University
•
Practice Problem
•
Easy
Abhijeet Tewary
Used 1+ times
FREE Resource
Enhance your content in a minute
20 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
What is the main purpose of demand forecasting?
To reduce uncertainty in future demand
To increase procurement cost
To align production with customer needs
To maximize holding cost
2.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Which of the following are types of demand variations?
Seasonal
Cyclical
Random
Holding
3.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Why is historical data important in demand forecasting?
It helps identify past demand patterns
It reduces the need for safety stock
It eliminates procurement cost
It provides a base for future projections
4.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Which of these is an example of seasonal demand?
Umbrella sales during the rainy season
Daily demand for bread
Car sales increasing during festivals
Random demand fluctuations
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cyclical demand is best described as:
Long-term demand changes linked to economic cycles
Short-term random changes in demand
A sudden demand spike
A constant upward trend
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a trend in demand forecasting represent?
Long-term movement in demand
Seasonal fluctuation
Procurement cost
Safety stock
7.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
The primary goal of inventory management is to:
Minimize stock-out cost
Ensure smooth flow of materials
Increase procurement cost
Maximize uncertainty
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
15 questions
Chart Patterns and Price Actions
Quiz
•
University
15 questions
Recruitment
Quiz
•
University
18 questions
TUTORIAL 6 UNDERSTANDING BUSINESS BUYER BEHAVIOR
Quiz
•
University
20 questions
Corporate finance
Quiz
•
University
15 questions
Taxation System in Indonesia
Quiz
•
University
15 questions
CF 6 Asset
Quiz
•
University
20 questions
UAS AKUNTANSI MANAJEMEN
Quiz
•
University
20 questions
Business Research Methods 2
Quiz
•
12th Grade - University
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
15 questions
Equivalent Fractions
Quiz
•
4th Grade
20 questions
Figurative Language Review
Quiz
•
6th Grade
Discover more resources for Business
12 questions
IREAD Week 4 - Review
Quiz
•
3rd Grade - University
23 questions
Subject Verb Agreement
Quiz
•
9th Grade - University
7 questions
Force and Motion
Interactive video
•
4th Grade - University
7 questions
Renewable and Nonrenewable Resources
Interactive video
•
4th Grade - University
5 questions
Poetry Interpretation
Interactive video
•
4th Grade - University
19 questions
Black History Month Trivia
Quiz
•
6th Grade - Professio...
15 questions
Review1
Quiz
•
University
15 questions
Pre1
Quiz
•
University
