Supply chain partners might use a(n) ________ to develop joint sales and operations plans and projections of output if they have agreed on a common set of objectives

Fill in the blank(s) with the appropriate word(s).

Answer: collaborative planning, forecasting, and replenishment (CPFR) approach

Business

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_____ are typically categorized by a sudden and unpredictable spike in sales followed by a rather abrupt decline

a. Consumer durable goods b. Fad items c. Product trends d. Product life cycles

Business

The cost approach is the most accurate when:

a. many comparables are available. b. appraising an apartment building. c. the property is new. d. dealing with a building contractor.

Business