What are some of the logistical problems that may arise when supply and demand for a product are not aligned properly? What are some of the methods used to soften the effects of this imbalance?
Answer to relevant QuestionsWhat are the basic types of forecasts? What are their strengths and weaknesses? Effective management of customer service requires measurement. Discuss the nature of performance measurement in the customer service area. Customer service is often viewed as the primary interface between logistics and marketing. Discuss the nature of this interface and how it might be changing. What are the major components of inventory carrying cost? How would you measure capital cost for making inventory policy decisions? Describe the major challenges faced by transportation managers in the current environment.
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