Question: Topic: Transportation & Traffic Management Book: Transportation ( A Global Supply Chain Perspective) 9th edition Chapter-8 questions (pg. 308) 7. The text discusses four principles

Topic: Transportation & Traffic Management

Book: Transportation ( A Global Supply Chain Perspective) 9th edition

Chapter-8 questions (pg. 308)

7. The text discusses four principles of forecasting. Name and describe each.

8. Name and describe the three principles of data collection.

9. Describe the characteristics and differences between qualitative, quantitative, extrinsic, and intrinsic forecasting techniques.

10. Describe and give the advantages and disadvantages of (a) moving averages and (b) exponential smoothing.

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