Match each term in the left-hand column to the statement that it best exemplifies.
Definitions:
Forecast Error
The difference between the actual demand or outcome and the predicted demand or forecasted value, often analyzed for improving future predictions.
Aggregate Planning
A process in operations management aimed at determining optimal production levels, inventory, and workforce to meet anticipated demand.
Advanced Planning Systems
Sophisticated software tools designed to assist in the planning and optimization of operations, logistics, supply chain, and inventory management.
Data Quality
The measure of the condition of data based on factors such as accuracy, completeness, reliability, and relevance, impacting its usefulness in decision-making.
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