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Aggregate Planning
A process by which a company determines optimal levels of capacity, production, subcontracting, inventory, and labor for meeting expected demand.
Forecast Quality
The accuracy and reliability of predictions regarding future demand, sales, or other market dynamics.
Supply Chains
Complex networks of suppliers, manufacturers, and distributors that produce, handle, and distribute goods and services from origin to consumer.
Safety Inventory
Extra stock kept in storage to guard against uncertainty in demand or supply, ensuring that a company can meet customer orders without delays.
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