Week 4 - Discuss the concept of demand as it applies to your organization

Week 4  

1. From the viewpoint of your organization, discuss the concept of demand as it applies to your organization.  
2. Next, choose a resource or activity that is forecast in your organization and address why achieving results significantly different than the forecast can be a potential problem for your organization.
3. How does (or should) your organization measure forecast accuracy?  What would you do differently to improve forecast accuracy in your organization.