BUS 644 Week 3 Discussion 1 & 2

Required Resources

Text

Vonderembse, M. A., & White, G. P. (2013).  Operations management  [Electronic version]. Retrieved from https://content.ashford.edu/

· Chapter 5: Supply Chain Management: A Strategic Perspective

· Chapter 6: Models and Forecasting

Recommended Resources

Article

Terreri, A. (2007). Who’s minding the yard? Food Logistics, (97), 24-30. Retrieved from the ProQuest database.

Multimedia

July, E. (Producer) & Rodrigo, J. M. (Director). (2003).  Business is blooming: The international floral industry (Links to an external site.)  [Video file]. Retrieved from the Films On Demand database.

Discussion 1

Suppliers

Should a firm attempt to have fewer or more suppliers? What are the advantages and disadvantages of each approach? Your initial post should be 200-250 words.

Discussion 2

Forecasting Methods

Read Problem 6 in Chapter 6 of your textbook. Calculate and answer parts a through d. Include all calculations and spreadsheets in your post. Explain why the moving average method was used instead of another forecasting method. What might be another forecasting method that could prove to be just as useful? Your initial post should be 200-250 words.