ISCOM 305 Week 4 Chapter Questions
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12-1. List some of the operations and functions in a company that are
dependent on a forecast for product demand.
12-2. What is the difference between quantitative forecast methods
and qualitative forecast methods?
12-3. Describe the difference between short- and long-range forecasts.
12-4. 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.
13-2.Distinguish between a fixed-order-quantity system and fixedtime-period system and give an example of each.
13-3.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.
14-2.List several alternatives for adjusting capacity. List several
alternatives for managing demand.
14-3.Describe the output of aggregate planning. When is aggregate
planning most useful?
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ISCOM 305 Week 4 DQ 1