Question: After reading and viewing the Video Case in Chapter 8 (page 333) titled Forecasting and Supply Chain Management at Deckers Outdoor Corporation, answer the following
After reading and viewing the Video Case in Chapter 8 (page 333) titled "Forecasting and Supply Chain Management at Deckers Outdoor Corporation," answer the following questions in accordance with the criteria below (Write 150-word minimum for each question, points will be deducted if each question does not meet the minimum 150-word required for each question):
- How much does the forecasting process at Deckers correspond with the typical forecasting process described at the end of Chapter 8?
- Based on what you see in the video, what kinds of information technology are used to make forecasts, maintain accurate inventory records, and project future inventory levels?
- What factors make forecasting at Deckers particularly challenging? How can forecasts be made for seasonal, fashionable products for which there is no history file? What are the costs of over-forecasting demand for such items? Under-forecasting?
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