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Supply Chain Management System
Essay specific features
Written by:
Gregory L
Date added:
May 4, 2015
Level:
University
Grade:
A
No of pages / words:
4 / 946
Was viewed:
7389 times
Rating of current essay:
Essay content:
Because customer demand is rarely perfectly stable, businesses must forecast demand in order to properly position inventory and other resources. Forecasts are based on statistics, and they are rarely perfectly accurate. Because forecast errors are a given, companies often carry an inventory buffer called "safety stock"...
displayed 300 characters
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Because customer demand is rarely perfectly stable, businesses must forecast demand in order to properly position inventory and other resources. Forecasts are based on statistics, and they are rarely perfectly accurate. Because forecast errors are a given, companies often carry an inventory buffer called "safety stock"...
displayed 300 characters
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