questions

questions

please include question when answering and include in-text citation

Briefly describe the implications of poor forecasting on a supply chain. In other words, what are some of the bad things that can happen as a result of inaccurate demand forecasts
Chapter 6 – Designing Global Supply Chain Networks
Describe the importance of decision trees, summarize in your words the steps in decision tree analysis methodology, and describe how periodic discount rate for each period is decided.
Discuss in your own words three strategies to mitigation risk in global supply chains.
Chapter 7 – Demand forecasting in a Supply Chain

Discuss the differences between moving average and exponential smoothing. When will you use one over the other?
List some of the random components
please reference textbook

Supply Chain ManagementAuthor: Sunil ChopraISBN: 978013380057

Solution Preview

1. Briefly describe the implications of poor forecasting on a supply chain. In other words, what are some of the bad things that can happen as a result of inaccurate demand forecasts?
In a supply chain, Forecasting goods and services demand is essential to every supplier, a company, or the retailer. Forecasting determines the amount of product that should be purchased, manufactured, and transported. Demand forecasts, therefore, are crucial to the fundamental operational process of shipping from the suppliers’ unfinished materials to finished products in the 

(631 words)