Explain three data gathering methods. (forecasting)
What is the advantage and drawback of qualitative forecasting?
What are the different decisions we make in supply chains? and what are the three questions we must answer in every decision?
What is sales and operations planning and why is it very useful for companies to plan efficiently their supply chains and operations?
What is the difference between dependent and independent demand? And which demand should we plan?
How many products of ……………… do I need? check page 27 in operations planning.
What are the functions of inventory?
What does it mean safety stock?
Why there is always a tradeoff between transportation cost and storage cost?