Question: In Chapter 7 we start to learn about Logistics and the need to design the connections in the supply chain. Chapter 8 explores the need

In Chapter 7 we start to learn about Logistics and the need to design the connections in the supply chain. Chapter 8 explores the need to forecast demand so that product shortages do not occur. Discuss the economic implications of the cost of Quality and why errors create conflict along the supply chain. Use the following concepts to expand your answers:

Write one paragraph discussing the connections between manufacturing, transportation, warehousing, and the ability to supply products on demand.

Write one paragraph examining various types of forecasting models that can be used to help companies plan production for Just in Time (JIT) delivery. (Make sure you support your opinion with academic resources such as journal articles found on the HCCC Library website databases under research.)

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