Master Lock creates a monthly forecast for each of the 50,000 locks it sells. Unfortunately the forecasts for the 237 types of bike locks the company sells are highly inaccurate so the company decides to provide one forecast for bike locks each month instead of 237 forecasts for each type of bike lock. This is an example of which risk mitigation strategy
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Master Lock creates a monthly forecast for each of the 50,000 locks it sells. Unfortunately the fore...
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