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Improved forecast accuracy should result in a closer match between supply and demand, resulting in improved profitability. An improved match will not change the service
Improved forecast accuracy should result in a closer match between supply and demand, resulting in improved profitability. An improved match will not change the service level but will result in lower levels of unplanned carryover inventory and shortages at the end of planning periods. The improved match will increase profit by lowering the expected costs of having too much or too little inventory
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