Examlex
One explanation for the failure of a survey to predict events is that the survey participants do not __________ the general population.
Forecasting Errors
The difference between actual outcomes and previously predicted values, typically observed in the context of demand forecasting or financial forecasts.
Safety Inventory
Extra inventory held to guard against uncertainties in demand or supply, ensuring product availability.
Advanced Planning Systems
Integrated software systems designed to optimize production planning, scheduling, inventory control, and supply chain management.
Data Accuracy
The degree to which data correctly reflects the real-world values it is intended to represent.
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