Question: 1 List and explain the four basic sources of variation . 2 . List features common to all forecasts 3 . Discuss the differences between

1 List and explain the four basic sources of variation.2. List features common to all forecasts3. Discuss the differences between manufacturing and service operations.4. Name several determinants of effective capacity.5. Explain or define expected value of perfect information (EVPI). How does EVPI help managers make a decision?

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