Question: QUESTION 3 [20 MARKS] a) Critically discuss the purpose, and the characteristics, of demand forecasting in the context of supply chain management. b) Identify a
QUESTION 3 [20 MARKS]
a) Critically discuss the purpose, and the characteristics, of demand forecasting in the context of supply chain management.
b) Identify a key requirement in the supply chain of your own workplace and, using any technique of your choice, forecast your demand for that requirement for 6 months, 12 months, and 24 months into the future. Show your basic workings and calculations.
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