1. Note in the article that the average shipping time from China to the United States is about 30 days. How does this lead time impact inventory levels at United States facilities? 2. Risk management should involve development of contingency plans as the article mentions. Identify three potential issues that could arise with the Chinese New Year slowdown. For each potential issue, list several ideas that could be explored as potential contingency plan solutions. Posted Fri May 28, 2021 at 10:14 pm Comments For the following data of six months forecast and actual demand: calculate MAD, MAPE and TS. Month Forecast Actual Absolute Deviation Cumulative Deviation RSFE MAPE in MAD TS Deviation Abso. Devi up to 1d.p. 1 800 900 100 100 2 B50 1000 150 250 3 3 950 1050 100 350 4 900 50 5 1000 900 -100 200 6 975 1100 125 325 Overall MAD - Overall MAPE Overall TS- Question 2 For the following data of six months forecast and actual demand: calculate MAD, MAPE and TS. Absolute Cumulative Month Forecast Actual MAPE in Deviation RSFE MAD TS Deviation Abso, Devi up to 1 d.p 1 800 100 100 2 850 1000 150 250 a 3 950 1050 109 350 4 950 900 -50 200 5 1000 900 200 6 975 1100 123 15 Overall MAD Overall MAPE Overallt