What is auto regressive model

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1. Your company has decided to produce a new product based on the market trends. The general manager gave you the task to design and draw the GREEN supply chain of producing chocolate chip cookies for the domestic and international market. Please consider all the components into the product, from the manufacturing to the packaging and delivering

2. What is an auto regressive model? How is knowledge of Sunspot models useful in this regard? What does ARIMA mean? What is the Box-Jenkins model?

3. Give an example of a supply chain low-impact, high-frequency risk and explain how it may impact the entire supply chain. Compare this to the effect of a high-impact, low-frequency risk.

Reference no: EM132265663

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