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Related Questions
- What are some common machine learning algorithms used for demand forecasting in supply chain management?
- How can historical sales data and seasonality be incorporated into a machine learning model for demand prediction?
- What are the benefits and challenges of using machine learning for demand forecasting in supply chain management?
- Can you explain the concept of 'bullwhip effect' and how machine learning can help mitigate it?
- How can machine learning be used to optimize inventory levels and reduce stockouts or overstocking?
- What role does data quality and availability play in the effectiveness of machine learning models for demand forecasting?
- Can you discuss the importance of integrating machine learning with other supply chain management tools and systems?
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