Question: a) What are the key differences between projects and operations [ 5pts] b) There are two general approaches to forecasting, explain the differences between them.

a) What are the key differences between projects
a) What are the key differences between projects and operations [ 5pts] b) There are two general approaches to forecasting, explain the differences between them. Give two (2) examples of each [5 pts] c) Of the two approaches to forecasting, which one do you consider more effective? State your reason. [5 pts] d) Explain the concepts of tangible and intangible as it relates to producing goods and services [5 pts] e) Explain the effect of 'self-service' and service automation on banks or airlines. [5 pts] f) Differentiate between design capacity and effective capacity [5 pts]

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