In 200 to 300 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?