Glossary

activity-based costing (ABC)

A technique for allocating indirect costs to production activities, making indirect costs more comparable to direct costs and permitting a better assessment of the true cost of creating each product.

advanced planning and scheduling (APS) system

A type of software that uses mathematical models and related techniques to find optimal solutions to complex production and supply problems.

See also [optimizer]
See also [linear programming]
advance shipping notice (ASN)

A document sent by a supplier to a customer to indicate when an order will be shipped. ASNs are usually transmitted electronically.

aggregate forecast

A forecast based on product or customer data that has been grouped by similarity.

See also [aggregation ...

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