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12-1 List some of the operations and functions in a company that are dependent on a forecast for product demand. 12-2 What is the difference between

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Chapter Questions

Write the answers to the following questions at the end of each chapter. Each answer will need to be at least 50 words in total length.

Reference: Russell, R. S., & Taylor, B. W. (2014). Operations and supply chain management (8th Ed.). Hoboken, NJ: John Wiley & Sons.

  • Chapter 12: 12-1; 12-2; 12-3; 12-4
  • Chapter 13: 13-1; 13-2; 13-3
  • Chapter 14: 14-1; 14-2; 14-3

Format the paper consistent with APA standards.  

  • Include at least one references with one being from the class material.
  • Papers that do not include APA formatted citations and references will not be accepted.

Chapter 12: 12-1; 12-2; 12-3; 12-4

12-1.

            List some of the operations and functions in a company that are dependent on a            forecast for product demand.

12-2.

What is the difference between quantitative forecast methods and qualitative forecast methods?

12-3.

Describe the difference between short- and long-range forecasts.

12-4.

Discuss the role of forecasting in supply chain management.

Chapter 13: 13-1; 13-2; 13-3

13-1

Describe the difference between independent and dependent demand and give an example of each for a pizza restaurant such as Domino’s or Pizza Hut.

13-2.

Distinguish between a fixed-order-quantity system and fixed-time-period system and give an example of each.

13-3.

Discuss customer service level for an inventory system within the context of quality management.

Chapter 14: 14-1; 14-2; 14-3

14-1.

What is the purpose of sales and operations planning? Describe the S&OP process.

14-2.

List several alternatives for adjusting capacity. List several alternatives for managing demand.

14-3.

Describe the output of aggregate planning. When is aggregate planning most useful?

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