Question
Which of the following statements about innovation
is/are correct? 1. Innovation is often confused with ideation. 2. Innovations must always be groundbreaking and large-scale. 3. Tactical tinkering is a part of the innovation process. 4. Insights from customer behaviors are crucial for innovation.Solution
Statement 2 is incorrect as innovation is not always about large-scale breakthroughs but also involves small, tactical improvements.
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If the demand is 100 during October 2016, 200 in November 2016, 300 in December 2016, 400 in January 2017. What is the 3-month simple moving average for...
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