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Forecast
The projection of future demand, normally to supply the independent portion of demand such as customer or interplant orders, based on past history and known market changes. The prime driver for systems that manufacture items to stock, instead of to order.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Software
- Category: Supply chain
- Company:
- Product:
- Acronym-Abbreviation:
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