chapter-questions-1

12-1.

List some of the operations and functions in a company that are dependent on a forecast for product demand.

What is the difference between quantitative forecast methods and qualitative forecast methods?

Describe the difference between short- and long-range forecasts.

Discuss the role of forecasting in supply chain management.

13-1

Describe the difference between independent and dependent demand and give an example of each for a pizza restaurant such as Domino’s or Pizza Hut.

Distinguish between a fixed-order-quantity system and fixed-time-period system and give an example of each.

Discuss customer service level for an inventory system within the context of quality management

14-1

What is the purpose of sales and operations planning? Describe the S&OP process.

.

List several alternatives for adjusting capacity. List several alternatives for managing demand.

Describe the output of aggregate planning. When is aggregate planning most useful?

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