Final answer:
Yes, push processes are indeed described as speculative processes because they are based on anticipated demand rather than actual, immediate customer demand, leading to the production and storage of goods before purchase.
Step-by-step explanation:
True, push processes may also be referred to as speculative processes. In supply chain management, a push system signifies production that is driven by long-term predictions or speculations about customer demand, rather than actual, immediate demand. In this system, goods and services are produced in anticipation of customer demand and stored until a purchase is made, which is where the term 'speculative' comes from. This is in contrast to a pull system, where production is initiated in response to actual demand, making it more responsive but potentially less efficient due to waiting times involved in starting production.