Give references for all answers 1. What are some of the potential benefits of a more formalized approach to forecasting? 2. What capacity would an organization have not to have the need for forecast? 3. Discuss how you would manage a poor forecast. 4. What are some of the factors that cause organizations to redesign their product or services? 5. What is modular design? What are the main advantages and disadvantages? 6. Give several examples of unethical conduct involving products or service design and ethical principles that are violated. 7. How were food producers impacted by the US government's requirement to identify the trans fat content on food label. 8. Explain what sensitivity analysis is and how can it be helpful to a decision maker