Typical forecasting process

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Reference no: EM133320382

Read Chapter eight page three hundred and thirty three of "Krajewski, L.J. Malhotra, M.K., and Ritzman, L. (2015). Operations Management; Processes and Supply Chain, 11th Edition, Prentice Hall, Upper Saddle."

1. How much does the forecasting process at Deckers correspond with the "typical forecasting process" described at the end of Chapter 8?

2. Based on what you see in the video, what kinds of information technology are used to make forecasts, maintain accurate inventory records, and project future inventory levels?

3. What factors make forecasting at Deckers particularly challenging? How can forecasts be made for seasonal, fashionable products for which there is no history file? What are the costs of over-forecasting demand for such items? Under-forecasting.

Reference no: EM133320382

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