Describe and compare (preferably in a table)-

a) Simple Exponential Smoothing and Regression methods of forecasting,

b) Order fill rate and Cycle Service Level (CSL), and

c) Vendor Managed Inventory (VMI) and Continuous Replenishment Programs (CRP)

If you draw graphs/ charts/ figures, they must be well labelled.

Question is for 8 Marks

Subject Supply Chain management

Answer each part in a separate paragraph