Examlex
Which of the following statements is CORRECT?
Capacity Utilization
The percentage of a firm's total production capacity that is actually being used in the production of goods or services.
Aggregate Planning
A process by which a company determines optimal levels of capacity, production, subcontracting, inventory, and labor for meeting expected demand.
Forecast Quality
The accuracy and reliability of predictions regarding future demand, sales, or other market dynamics.
Supply Chains
Complex networks of suppliers, manufacturers, and distributors that produce, handle, and distribute goods and services from origin to consumer.
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