What are the basic types of forecasts


Question 1: What are some of the logistics problems that might arise when supply and demand for a product are not aligned properly? What are some of the methods used to soften the effects of this imbalance?

Question 2: What are the basic types of forecasts? What are their strengths and weaknesses?

Question 3: Explain the impacts of order cycle time length and variability on both buyers and sellers.

Question 4: Organizations can have three levels of involvement with respect to customer ser-vice. What are these, and what is the importance of each?

Question 5: Discuss the nature and importance of the four logistics- related elements of customer service.

Question 6: Effective management of customer service requires measurement. Discuss the nature of performance measurement in the customer service area.

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