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Supply Chain (BUS5023) Lesson 3 Assessment - Demand management
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Lesson 3 Assessment – 25 marksTrue/False (10 marks)1. Outbound-to-customer logistics systems are also referred to as physical distribution. TRUE2. Materials management and physical supply are terms that cannot be used interchangeably. FALSE3. Demand management might be defined as focused efforts to estimate and manage customers’ demand, with the intention of using this information to shape operating decisions. TRUE4. The essence of demand management is to manage customer demand so that overstocks are reduced and margin can be maintained. FALSE5. Extern
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