Question: A) . What are the differences among demand planning, demand forecasting, and demand management? What role does each play in enhancing supply chain operations? B)

A). What are the differences among demand planning, demand forecasting, and demand management? What role does each play in enhancing supply chain operations?

B). After reviewing our required reading material and watching the CBS This Morning video:Airlines have oversold tickets: Allied Pilots Association's Dennis Tajer, please answer the following questions.https://www.youtube.com/watch?v=GGQmAS9L6Q0&t=7s

i). What demand planning, demand forecasting, and demand management approaches do the airlines have to take to minimize any additional scheduling impacts, i.e., more delays and cancellations?

ii). What is the expected time period for recommendations, and as a passenger, would you be confident that your recommendation would work? How do you think it would impact the price of a ticket?

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