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The Primary Difference Between Demand Management and Demand Forecasting Is

Question 43

Multiple Choice

The primary difference between demand management and demand forecasting is:


A) Forecasting is only possible when quantitative data are available.
B) Demand management is proactive,while forecasting attempts to predict.
C) A firm cannot execute both approaches simultaneously.
D) One approach deals with uncertainty,while the other deals with known demand.

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