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Qualitative method and causal forecasting methods

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Reference no: EM132878939

Question 1. Define qualitative method and causal forecasting methods. Give an example of each and when it might be used.

Question 2. When considering capacity and facilities there are a number of strategies to consider. Describe the strategies related to amount of capacity, timing of facility decisions, and what type of facility is needed.

Question 3. Define CPFR (collaborative planning, forecasting and replenishment), how it works, and important points that make it work. Provide an example of a company that might use this and why it would benefit them.

Question 4. What is the purpose of exponential smoothing and forecasting errors?

Reference no: EM132878939

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