What is the Purpose of Forecasting and Inventory Management Within Operations Management


Instructions

What are the importance of forecasting via concepts that include qualitative, quantitative, mixed methods, forecsting demand, regression/delphi, forecasting accuracy, and trends/patterns, and how does forecasting support operationd management efforts. what is the importance of inventory management, the components of inventory management and what is the importnace of forecasting and inventory management within the context of operations management, and what is the purpose of forecasting and inventory management within operations management.

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