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State whether you agree or disagree with the following statements and briefly explain your reasoning: (a) [1.5 points] Suppose you wish to forecast sales of

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State whether you agree or disagree with the following statements and briefly explain your reasoning: (a) [1.5 points] Suppose you wish to forecast sales of a new type of indoor paint that will be introduced to market next month. Regression is the most appropriate approach. (b) [1.5 points] To achieve JIT, a company should look at manufacturing as a PULL system. (c) [1.5 points] If a company has implemented the leading strategy of capacity expansion, it forgoes the scale economies. (cl) [1.5 points] Operations strategy is about searching for a favorable competitive position in an industry. e) [1.5 points] If a business activity is of high strategic importance while a company has limited inhouse capability, it should be outsourced selectively. (f) [1.5 points] The physical function of supply chains is to have the right amount of goods at the right place at the right time

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