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Home > Terms > English, UK (UE) > Extrinsic forecast
Extrinsic forecast
A forecast tied to a linked indicator outside the company instead of using internal past product demand history. It normally uses a leading indicator such as housing starts or weather pattern changes that have been demonstrated in the past to have a predictive effect on the company's demand.
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- Part of Speech: noun
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- Industry/Domain: Software
- Category: Supply chain
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