Examlex
The semantic meaning of a word expresses the relationship between a linguistic event and the situation in which the word is spoken.
Operational Planning
The process of converting strategic goals and objectives into detailed plans and actions to achieve short-term operational goals.
Weighted Moving Average
A statistical technique used to smooth data by giving different weights to different values, commonly used in forecasting.
Phantom Demand
A phenomenon where perceived demand for a product exceeds the actual demand, often due to forecasting errors or miscommunication within the supply chain.
Supply Planning
The process of determining how best to meet future supply needs, taking into account production capacities, material availability, and demand forecasts.
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