Why should a manager be suspicious if a forecaster claims to forecast historical demand without any forecast error?
Answer to relevant QuestionsGive examples of products that display seasonality of demand. What are the main differences between the aggregate planning strategies? What are some obstacles to creating a flexible workforce? What are the benefits? Why would a firm want to offer pricing promotions during its low-demand periods? 1. What is the annual cost of MoonChem’s strategy of sending full truckloads to each customer in the Peoria region to replenish consignment inventory? 2. Consider different delivery options and evaluate the cost of each. ...
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