The chart shown above depicts a(n)________ chart.
Definitions:
Demand Uncertainty
The difficulty in accurately predicting customer demand, affecting inventory management, production planning, and capacity utilization.
Forecast Error
The difference between the forecasted value and the actual value that occurs, indicating the accuracy of forecasts.
Strategic Fit
The alignment of organizational strategies, resources, and capabilities with the external environment to achieve competitive advantage.
Responsiveness Spectrum
A range indicating the degree to which a system or process can adjust quickly to changes or demand without compromising quality or performance.
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