Discuss forecasting techniques. Contrast Qualitative & Quantitative methods. Provide examples of forecasting from your own experience. How can forecasting help manage operations? Are forecasts always correct? How can we use 'Big-Data' (external research required) to improve forecasts?
Read Ch5; Watch: https://www.youtube.com/watch?v=5wx37U6u06U
https://www.youtube.com/watch?v=Gt-EpA8vwgk
https://www.youtube.com/watch?v=yYGqMsFnu4M
https://www.youtube.com/watch?v=1jn2_nZrivQ
Discuss product life cycle management and its implications for Operations Management