Discuss in your own words three strategies to mitigation risk in global supply chains

please include question when answering and include in-text citation

  1. Briefly describe the implications of poor forecasting on a supply chain. In other words, what are some of the bad things that can happen as a result of inaccurate demand forecasts
  1. Chapter 6 – Designing Global Supply Chain Networks
  1. Describe the importance of decision trees, summarize in your words the steps in decision tree analysis methodology, and describe how periodic discount rate for each period is decided.
  2. Discuss in your own words three strategies to mitigation risk in global supply chains.

Chapter 7 – Demand forecasting in a Supply Chain

  1. Discuss the differences between moving average and exponential smoothing. When will you use one over the other?
  2. List some of the random components

please reference textbook

  1. Supply Chain ManagementAuthor: Sunil ChopraISBN: 978013380057
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