ACCA PM · Chapter 1 · Question 9 of 9
A supermarket chain combines loyalty card transactions, weather forecasts and local events data. Its analysis reveals that sales of barbecue products in a region rise sharply two days after a forecast of warm weather at the weekend, and it now adjusts deliveries automatically. Which statement best describes the benefit obtained?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: D) Big data analytics has identified a pattern that improves forecasting and inventory decisions
Explanation
Combining large, varied data sets can reveal relationships that conventional internal reports would not show, such as a lagged link between weather forecasts and product demand. Using this pattern to drive deliveries improves forecasting and reduces stock-outs and waste. The analysis supports rather than eliminates management judgement, and volume and velocity are still relevant because the data is large and must be processed quickly.
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