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Using exponential smoothing, the demand forecast for time period 10 equals the demand forecast for time period 9 plus
McDonaldization
Describes the process by which the principles of the fast-food industry, such as efficiency, calculability, predictability, and control, have come to dominate other sectors of society.
Fast-Food Restaurants
Eateries that serve food quickly and efficiently, often part of a chain, and typically offer a limited menu of items that are prepared in advance and kept warm until sold.
Rationality
The quality of being based on or in accordance with reason or logic.
Colonialism
The practice of acquiring full or partial political control over another country, occupying it with settlers, and exploiting it economically.
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