The primary difference between demand management and demand forecasting is 1) forecasting is only possible when quantitative...

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General Management

The primary difference between demand management and demandforecasting is
1) forecasting is only possible when quantitative data areavailable.
2) demand management is proactive, while forecasting attempts topredict.
3) a firm cannot execute both approaches simultaneously.
4) one approach deals with uncertainty, while the other dealswith known demand.

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The key aspects of demand management includes Forecasts updated with actual demand throughout the day Planning married to execution incrementally adjusts all required supply and execution plans in See Answer

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