Examlex
Most franchisors are highly selective when granting a franchise,which helps explain the lower failure rate.
Forecasting Errors
Discrepancies between predicted and actual demand, often leading to inventory mismanagement.
Safety Capacity
The extra capacity created within a system to accommodate unexpected demand or to compensate for potential system failures.
Aggregate Decisions
Aggregate Decisions are strategic choices made at the corporate or strategic business unit level, focusing on overall capacity, investment, and long-term resource allocation.
SKU-Level Decisions
involves making strategic choices about product stocking, pricing, promotions, and inventory management at the specific stock keeping unit (SKU) level.
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