Question: 1) What does S&OP stands for? Explain what this term means and the impact it has on aggregate planning. 2) List and describe two (2)

1) What does S&OP stands for? Explain what this term means and the impact it has on aggregate planning.

2) List and describe two (2) types of forecasting approaches.

3) Explain what demand management is and indicate two (2) examples of how to use demand management.

4} What is traditional forecasting? List three (3) types of forecasting errors that could occur.

5) List and describe three types of forecasting techniques

6) Describe what the bullwhip effect is and its impact on a supply chain.

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