Asked by Logan Jordan on May 07, 2024
Verified
Customer Rick places orders with retailer Negan,who orders from Dwight,who orders from Simon,who orders from Regina.Simon is a whiz at statistics and makes his forecast for the coming year based on the orders he receives from Dwight.Simon's process is creating a(n)
A) incentive obstacle.
B) operational obstacle.
C) information processing obstacle.
D) behavioral obstacle.
Information Processing Obstacle
Challenges faced in capturing, processing, storing, and disseminating information that can impede efficient decision-making and operations in an organization.
Forecast
A prediction or estimate of future events or trends, particularly regarding weather, market conditions, or sales figures.
Statistics
Statistics is the branch of mathematics dealing with the collection, analysis, interpretation, and presentation of masses of numerical data, used for making decisions and predicting trends.
- Recognize the ways in which distortion of information can worsen problems within the supply chain.
Verified Answer
Learning Objectives
- Recognize the ways in which distortion of information can worsen problems within the supply chain.
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