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In a good regression model the residual plot shows
Demand Forecasts
Predictions about future customer demand for a product or service, based on historical data, market trends, and other influencing factors.
Safety Inventory
Stock kept in reserve to protect against uncertainties in demand or supply, ensuring customer demand can be met without delays.
Demand Forecasts
Predictions about future customer demand for a product or service, based on historical data and market analysis.
Safety Inventory
Stock that is held in reserve to protect against stockouts caused by fluctuations in demand or supply chain disruptions.
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