1) From Chapter 9, answer Discussion Question 1: Which forecasting techniques do you think should be used in calculating fuel prices? Time series models? Qualitative models? In casual modeling, what types of independent variables might be used? Justify your answer.
2) Read the articles, “Trickle of Jobs Returning to U.S. Shores Could Soon Become a Torrent” and “The Benefits of Outsourcing Finance and Accounting.” Based on the content presented, discuss some of the pros and cons of outsourcing. Do you think many organizations are experiencing an increase or decrease in their levels of outsourcing? Why?
(Reference for question 1) Bozarth, C.C. and Handfield, R.B. (2012). Introduction to operations and supply chain management (3rd ed.). Upper Saddle River, New Jersey: Pearson Prentice Hall. ISBN: 9780132747325