Bus 307 Operations Management and Quantitative Techniques week 3 discussion 1 and 2

Discussion 1 

Prior to beginning work on this discussion forum, read Chapter 9: Forecasting.

From Chapter 9, answer Discussion Question 1: Which forecasting techniques do you think should be used in calculating fuel prices? Time series models? Causal models? Qualitative models? In causal modeling, what types of independent variables might be used? Justify your answer.

Discussion 2 

Prior to beginning work on this discussion forum, read the article’s Trickle of Jobs Returning to U.S. Shores Could Soon Become a TorrentLinks to an external site. and Outsourcing Pros and Cons for Your Digital MarketingLinks to an external site., and watch David Weinstein Discusses Factors That Lead to OutsourcingLinks to an external site..

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?