With reduced demand uncertainty, a supply chain manager can better match supply and demand by reducing both overstocking and understocking
Indicate whether the statement is true or false.
Answer: TRUE
Business
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What explains the limited use of quantitative management?
A. It is difficult to discontinue the use of this process once it has been established. B. Many of the decisions managers face are nonroutine and unpredictable. C. Managers are oriented more toward things than toward people. D. It holds that all aspects of a management decision should mandatorily be expressed through mathematical symbols and formulas. E. It believes that economic needs have precedence over social needs.
Business
Budget creep has a tendency to edge up over time, results in excessive spending over multiple
months and once started, is difficult to correct. Indicate whether the statement is true or false
Business