Since even the best sales forecast will be wrong, the small business owner should prepare three forecasts — optimistic, pessimistic, and most likely

Indicate whether the statement is true or false

TRUE

Business

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A toaster manufacturer who has invested $1 million in the business wants to set a price to earn a 20 percent return on investment, specifically $200,000. What pricing method should it choose?

What will be an ideal response?

Business

What is the standard deviation of demand during lead time?

A) 251 phones B) 2187 phones C) 4500 phones D) 4751 phones

Business