Predictive analytics uses statistical modeling to draw conclusions and predict behavior based on the assumption that:
a. What has happened in the past will continue to happen in the future.
b. What has happened in the past will not happen in the future.
c. What has happened in the past has no impact on what will happen in the future.
d. None of the above are assumptions used in predictive analytics.
A
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Use ______________to indicate corrections made within lines
a. marginal marks b. red ink c. digital comment tools d. line symbols
Which one of the following statements on inventory placement of finished goods is BEST?
A) Forward placement might help reduce transportation cost. B) Forward placement is consistent with a competitive priority that calls for customization. C) Inventory pooling should be avoided when demand in various regions fluctuates month to month. D) Backward placement is consistent with a competitive priority that calls for fast delivery times.