OK class- time for video discussion. As we will cover in our lecture - demand planning is critical to both ensuring a company can provide great customer service (having enough product), and not having excess product, which can cause waste, excessive warehousing costs, and possibly the potential of holding on to product which may become outdated or irrelevant. Think of an iPhone. https://www.bing.com/videos/search?q=Demand+Planning+Forecasting&&view=detail&mid=4526534F03215DBB72554526534F03215DBB7255&&FORM=VRDGAR&ru=%2Fvideos%2Fsearch%3Fq%3DDemand%2BPlanning%2BForecasting%26FORM%3DVRIBQPLinks to an external site. Two questions this week after viewing the video: The video spoke of supply and demand mismatches. Give a real-life example of one of these mismatches. The video also spoke about companies achieving equilibrium between supply and demand having a possible competitive advantage, Give an example of this