Question: Forecasting and Capacity Instructions Read the required resources for this module. Then, answer the following review questions found in Chapter 9, titled Forecasting and Demand
Forecasting and Capacity Instructions Read the required resources for this module. Then, answer the following review questions found in Chapter 9, titled Forecasting and Demand Planning, and Chapter 10, titled Capacity Management: 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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