Forecast/demand management software brings together factors such as historical trends, current order information, planned sales promotions, and price reduction to estimate future demand. See also Demand Flow Scheduling Systems, and Demand Management.
Glossary
Foreign Owned US Defense Contractor
Foreign Owned US Defense Contractor is a company recognised by the US government as one allowed to bid for US defense contracts, despite being foreign owned. To achieve this status, such US subsidiaries are generally incorporated in the US and have a local board of directors which is predominately composed of US citizens. An example is BAESystems North America, headquartered in Maryland.
Form Factor
Form Factor is the general shape of a unit or object.
Formula
In process manufacturing, a formula specifies the ingredients and the amounts needed (e.g., pounds, gallons, liters). A formula can also specify the processing steps required to make a product, and in this case is often called a recipe.