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**IMPORTANT; follow grading guide attached.Answer the 8 questions below, each question minimum of 150-200 words. Must be in APA format, please identify the questions on paper. Cannot accept more than 5% plagiarism, it will be submitted to TurnItIn. If you are referencing please do in-text citations.References: Jacobs, F. R., Chase, R. (2013). Operations and Supply Chain Management, 14th Edition. McGraw-Hill Learning Solutions. VitalBook file.*** Feel free to use more than one reference.****Very very important, make sure you don’t fully reference answers, they must also have examples.5: Strategic Capacity Management
What is capacity management and why is it an important focus for firms?
How does one execute capacity planning?
Ch. 17: Enterprise Resource Planning System
What are enterprise resource planning (ERP) systems and why are they important?
How are supply chains enabled and improved via ERP systems?
Ch. 18: Forecasting
Why is it important for firms to focus on forecasting models?
Compare and contrast the various types of forecasting models.
Ch. 19: Sales and Operations Planning
Why is sales and operations planning an important focus for many firms?
Ch. 21: Material Requirements Planning
What is material requirements planning (MRP) and Why is it important for manufacturing firms to focus on MRP?

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