Imagine that you are starting an online retail business. What type of forecasting model would you use to decide how many different products you’ll be selling?
In this week's discussion you will evaluate logistics as a supply chain component, including how to measure performance and key strategies to improve effectiveness. Choose a topic from the following list (taken from Sanders, p. 157):· Imagine that you are starting an online retail business. What type of forecasting model would you use to decide how many different products you’ll be selling? Would you use the same forecasting model after you have been in business five years? Why or why not?
Imagine that you are starting an online retail business. What type of forecasting model would you use to decide how many different products you’ll be selling?
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