In 200 words each, can you discuss the following?
Question 1. Explain implementing ERP systems. What are the main reasons why a large percentage of executives have negative feelings toward ERP software?
Question 2. What strategies are used by supermarkets, airlines, hospitals, banks, and cereal manufacturers to influence demand? Explain and provide examples.
Question 3. What is the logic in the least squares method of linear regression analysis?
Question 4. What are the main problems with using adaptive exponential smoothing in forecasting?
Question 5. What key technological features of SAP set it apart from conventional business accounting/planning/control software?
Question 6. Explain product planning strategy. Distinguish between pure and mixed strategies in production planning.
Question 7. From the choice of simple moving average, weighted moving average, exponential smoothing, and linear regression analysis, which forecasting technique would you consider the most accurate? Why?