Explain the steps used to develop a forecasting system.Discuss.

 

 Explain the steps used to develop a forecasting system (from page 106-107). How would these steps be specifically utilized by this company (Nissan)? What do you predict would be the result of implementing a forecasting system for the top-selling product line at this company?

List the major categories of supply chain risk and associated risk-reduction tactics (page 438). How could the company mitigate exposure to supply chain disruptions caused by natural disasters? For example, consider the 2011 earthquake and tsunami that devastated parts of Japan (Nissan case study).

Please use
Operations Management 11th edition, Jay Heizer (forecasting is on page 106-107, supply chain is on page 438 table 11.3)
Nissan case study, https://mitsloan.mit.edu/LearningEdge/CaseDocs/13-149%20Nissan.Simchi-Levi.pdf

I do not cover sheet, introduction, conclusion or reference. Just these questions answered from the book and case study. Please show in text cites

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