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TRL3707 ASSIGNMENT 06 2023 . Due 11 November 2023 (COMPLETE and ACCURATE ANSWERS) 🌟🌟🌟🌟🌟
TRL3707 assignment 06 2023 complete answers correctly written in accordance to the provided questions. Please note all the answers are correct and should be used as guidelines only…
DOCUMENT PREVIEW
1.1 Explain the significance of forecasting in achieving timely results within BONOLO CASH AND CARRY (PTY) LTD. Provide three relevant examples to support your argument. Demand Planning: Forecasting helps the company anticipate customer demand for various products. By accurately predicting what products are likely to be in demand, the company can stock up on those items, ensuring they are readily available for customers when needed. For instance, if the forecast predicts a surge in demand for frozen foods during the holiday season, the company can prepare by increasing their stock levels in advance.
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