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What Are the Two Dimensions of Process Quality? How Can

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What are the two dimensions of process quality? How can organizations improve process quality? How do information systems improve process quality?


Definitions:

Customer Demand

The quantity of products or services that consumers are willing and able to purchase at various prices over a given period of time, influencing production and pricing strategies.

Consensus Forecast

A forecasting method involving the aggregation of predictions from various experts or models, aiming for a more accurate and reliable outcome by considering multiple perspectives.

Production Flexibility

Production flexibility is the ability of a manufacturing system to quickly adapt to changes in products, production volumes, and manufacturing processes.

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