question archive Cesim Quiz Which of the following statements are true? select all that apply 1)increasing only your demand estimations to realistically high levels could increase your budgeted sales, but your actual sales would not be directly affected
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Cesim Quiz
Which of the following statements are true?
select all that apply
1)increasing only your demand estimations to realistically high levels could increase your budgeted sales, but your actual sales would not be directly affected.
2)your projections are updated automatically after each decision input.
3)you can update your team decisions only once
4)only the team decisions affect the actual results
Step-by-step explanation
By increasing demand estimations, these translates to increased estimated sales as sales are directly related to demand. But this does not affect the actual sales as actual sales are affected by other factors such as customer incomes, preferences, beliefs and many others.
After each decision inputs, the projections should be updated daily to give a realistic output.