Which of the following is useful for forecasting the required level of inventory?

exams IIA-CIA-Part3-3P V1 IIA-CIA-Part3-3P exam 0 Comments

Which of the following is useful for forecasting the required level of inventory?

1) Statistical modeling.

2) Information about seasonal variations in demand.

3) Knowledge of the behavior of different business cycles.

4) Pricing models linked to seasonal demand.
A . 1 and 2 only
B . 2 and 3 only
C . 1, 2, and 3 only
D . 1, 2, 3, and 4

Answer: C