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One of the most common reasons for business failures is poor marketing.
Mean Absolute Deviation
A statistical measure used to quantify the spread or variability in a data set, indicating the average absolute difference from the mean.
MAD
Mean Absolute Deviation, a measure used in statistics to quantify the average absolute dispersion or deviation from the mean or average.
Materials Management
The function responsible for planning, sourcing, moving, and storing materials required to produce goods and services.
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