Examlex
During a routine prenatal exam,Janet's obstetrician detected the heartbeat of her future baby.If this was the earliest time the heart began beating,the developing person would be referred to as a(n)
Simple Exponential Smoothing
A time series forecasting method for univariate data that applies smoothing factors to make projections, giving more weight to recent observations while considering trends in historical data.
Holt's Method
A forecasting technique that extends exponential smoothing to allow forecasting of data with trends, accommodating changes over time.
Global Supply Chain
A supply chain that extends across international borders, encapsulating a network of suppliers, manufacturers, and distributors involved in producing and delivering products worldwide.
Flexibility
The ability of a system or organization to quickly adapt to changes in demand, technology, environments, or internal processes without significant costs or delays.
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