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In the context of a service company, the synchronization between raw goods requirements and the ordering cycle is vital to ensure continuous production. Explain the
In the context of a service company, the synchronization between raw goods requirements and the ordering cycle is vital to ensure continuous production. Explain the relationship between raw goods requirements forecasting and the determination of an optimal ordering cycle. How can discrepancies between forecasted needs and the actual ordering cycle impact production and financial outcomes for a company?
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