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1. Discuss several reasons why managers often neglect the true costs of holding physical inventory. What has happened to change our perspective about holding physical inventory?
2. Of the following functions of physical inventory, select the one that purchasing is most likely to be directly involved in: (a) support of production requirements, (b) support of operational requirements, or (c) support of customer service requirements. Explain your choice.
3. What problems does overforecasting demand create within a supply chain? What problems does underforecasting demand create? What can a company do to resolve the problem of forecasting inaccuracy?
Explain the concept of supply chain strategies and their linkage to Operations Management. Identify in detail three different types of supply chain strategies.
sometimes social influences and societal pressures can influence decision making for the better and sometimes for the
What is the ROP? What is the safety stock? The laundry firm that has the linen contract requires a 2-day lead time.
What is the upper control limit, what is the upper control limit for the x-bar chart and what is the upper control limit for the R chart?
Your company assmebles five different models of a motor scooter that is sold in specialty store in the United States. The company uses the same engine for all five models.
describe how you would apply either behavioral theories of learning or cognitive theories of learning to solve a
Evaluate how a change initiative creates the conditions of high efficiency for an organization through clarity and focus. What are the benefits of clarity and focus in ?
Internet Advertising and Cash Crunch Case Study on page 313 and answer the following questions: What unique value proposition(s) does Beyond Interactive offer to customers? What are BI's revenue sources (how many different ways can they make money)?
How has technology affected the accounting field over the past 5 years? Provide an example of how mobile digital devices have impacted business process in the accounting field and how they have impacted your own day to day activities.
Then identify top-ten (or -20) foreign MNEs that have undertaken inbound FDI in your country. Explain why do these countries also companies provide bulk of FDI into country.
Draft a memo of 1,000-1,200 words explaining to your warehouse managers how effective supply chain design could help to enhance profitability and stakeholder value for the company, including the following:
Illustrate what is average inventory if costs are minimized. Suppose that ordering cost is not $20.68 and Cotteler has been ordering 175 units each time an order is placed. For this order policy.
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