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NEW QUESTION: 1
What is the most accurate statement regarding forecasting?
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D. It is done primarily by using historical revenue and expense data.
Answer: A

NEW QUESTION: 2
A replenishment system where time based demand is used from the distribution center to balance the customer fill rate against the inventory is referred to as?
A. Distribution requirements planning (DRP)
B. Supplier replenishment system (SRS)
C. Inventory replenishment system (IRS)
D. Customer fill rate planning (CFRP)
Answer: A
Explanation:
A replenishment system where time based demand is used from the distribution center to balance the customer fill rate against the inventory is referred to as distribution requirements planning
(DRP). Supplier replenishment system (SRS), Customer fill rate planning (CFRP), and Inventory replenishment system (IRS) are not true systems.

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