Examlex
What is a lahar?
Demand Uncertainty
The unpredictability of consumer demand for a product or service, making it difficult for businesses to forecast accurately and plan inventory levels or production schedules.
Supply Uncertainty
The risk of unpredictability in obtaining required materials or products from suppliers, which can affect production schedules, costs, and market responsiveness.
Exchange Rates
The value of one currency expressed in terms of another currency, which plays a critical role in international trade and finance.
Simulation Methods
Techniques used to imitate the operation of real-world processes or systems over time, often for the purpose of analysis or training.
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