Question: 3.2 Assessment Task Forecasting and Capacity Instructions What is a focused factory? How can it make a more efficient use of capacity? Define forecasting and

3.2 Assessment Task

Forecasting and Capacity

Instructions

  • What is a focused factory? How can it make a more efficient use of capacity?
  • Define forecasting and explain why it is important.
  • Explain the role of judgment in forecasting.

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