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Capacity management requires demand forecasts. In 3/4 paragraphs, address the following: What are some possible sources of error in demand forecasts? As a manager, what

Capacity management requires demand forecasts. In 3/4 paragraphs, address the following:

  • What are some possible sources of error in demand forecasts?
  • As a manager, what are some approaches you can take to minimize forecasting errors?

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