What is traditional forecasting

Assignment Help Supply Chain Management

Reference no: EM133518083

Questions:

1) What is traditional forecasting? List three (3) types of forecasting errors that could occur.

2.) What does S&OP (Sales and Operations Planning) stands for? Explain what this term means and the impact it has on aggregate planning.

3.) Describe what the bullwhip effect is and its impact on a supply chain.

4.) Explain what demand management is and indicate two (2) examples of how to use demand management.

5.) List and describe two (2) types of forecasting approaches.

Reference no: EM133518083

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