Examlex
Which of the following is a constant control method?
Implied Demand Uncertainty
The unpredictability in demand faced by a company due to factors like customer preferences, market conditions, and technological changes, indirectly inferred through observed behaviors or trends.
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.
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