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Assignment:
1. Compare and contrast between make-to-stock and make-to-order systems. In your comparison, why does each system require different types of contracts?
2. What are the advantages and disadvantages of each type of contract?
3. What type of contract would you choose? Give reasons for your decision.
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A more reliable trucking firm promises delivery exactly in six days, but for a 5 % higher cost. What analysis should the manufacturer decide whether or not to switch?
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