Question 1: Discuss the differences between moving average and exponential smoothing. When will you use one over the other?

Question 2: List some of the random components you can expect in the demand of beer?

Question 3: Describe the importance of decision trees, summarize in your words the steps in decision tree analysis methodology, and describe how periodic discount rate for each period is decided.

Question 4: Discuss in your own words three strategies to mitigation risk in global supply chains.