Read the article entitled "From Shortage to Glut: Scotts Miracle-Gro Is Buried in Fertilizer...." in the module. According to the article Scotts thought its forecasts were accurate until a sudden shift in retailer orders.

Question

Read the article entitled "From Shortage to Glut: Scotts Miracle-Gro Is Buried in Fertilizer...." in the module. According to the article Scotts thought  its forecasts were accurate until a sudden shift in retailer orders.

BlackTom AI · Accepted Answer

The statement to evaluate is: 'According to the article Scotts thought its forecasts were accurate until a sudden shift in retailer orders.'
Option 1: True. This aligns with the provided article summary, which indicates that Scotts Miracle-Gro believed its forecasts were accurate up until a rapid change in retailer orders revealed they were off. The idea here is that the forecast errors were not anticipated because the company assumed stable ordering patterns, and the abrupt shift exposed the inaccuracy of those forecasts.
Option 2: False. This would claim that Scotts did not think forecasts were accurate until the shift, or that the article described a different turning point. However, the article description states that the misalignment became apparent when retailer orders suddenly shifted, supporting the 'true' interpretation rather than contradicting it. Therefore, this option misstates Scotts' mindset described in the article.
Overall, the true statement captures the narrative that forecast accuracy was assumed until the unexpected change in retailer orders exposed the discrepancy, whereas the false option would require a reversal of that sequence or belief, which the article does not support.

BUS_105_001_25S Quiz_forecasting_part1

Read the article entitled "From Shortage to Glut: Scotts Miracle-Gro Is Buried in Fertilizer...." in the module. According to the article Scotts thought its forecasts were accurate until a sudden shift in retailer orders.

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