discussion questions 357

Answer each question with 100 words or more each. No work needs to be cited, just post what reference you used. I provided one bellow

What is capacity management and why is it an important focus for firms?
How does one execute capacity planning?
Compare and contrast capacity planning for service and manufacturing businesses.
What are enterprise resource planning (ERP) systems and why are they important?
How are supply chains enabled and improved via ERP systems?
How is information shared amongst business units via ERP systems?
Why is it important for firms to focus on forecasting models?
Compare and contrast the various types of forecasting models.
Why is sales and operations planning an important focus for many firms?
Why is it important for many firms to focus on yield management?

Jacobs, F.R. & Chase, R.B. (2014). Operations and supply chain management (14th ed). New York, NY: McGraw-Hill