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Forecasting Demand with State-Of-The-Art Software Tracking a Combination of Previous

question 115

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Forecasting demand with state-of-the-art software tracking a combination of previous month's and previous year's sales is an example of which requirement for successful value chain management?


Definitions:

Design

The plan or specification for the construction of an object or system or for the implementation of an activity or process.

Feedback

Information given to a person or entity about their actions or performance, used as a basis for improvement.

Accounting Systems

Organized frameworks used for recording, measuring, summarizing, and communicating financial information of a business entity.

Collecting

The process of obtaining payments for debts owed by individuals or businesses.

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