GSCM 520 Week 2 DQs

GSCM 520 Week 2 DQs

Week 2 DQ 1

Does forecasting sometimes seem to be a little like magic? Where do all these plans and figures come from? In this week’s lesson, we learn about developing forecasts to predict materials, resources, and services. Why is forecasting so strategically important for operations and supply chains? Give examples of current forecasts you use at work or at home.

Week 2 DQ 2

How important is it to manage capacity for operations and supply chains? Is managing capacity different in manufacturing companies versus a service organization? Exactly how do we plan capacity within these organizations?