Question 24 How does forecasting help the operations manager? a. To match supply and demand exactly as required by the client b. By anticipating demand for products d. By guaranteeing the outcomes of operational plans andeaningful plans and reduce uncertainty
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The Deep Dive
Forecasting is like having a crystal ball for operations managers! It allows them to anticipate demand for products, which helps in planning inventory, scheduling staff, and reducing waste. When they know what to expect, they can keep operations running smoothly instead of scrambling last minute when demand spikes or drops. Additionally, accurate forecasting enables managers to create meaningful plans, allowing them to allocate resources efficiently and mitigate risks. By understanding trends, they can make informed decisions that improve overall performance and customer satisfaction, turning potential chaos into organized success!