Define the term bottleneck

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Reference no: EM132541801

Question 1: Explain the three levels of supplier activities and costs that are incurred by an organisation?

Question 2: Explain how 'collaborative relationships' with suppliers are essential when the strategic focus of a firm is cost leadership?

Question 3: Explain why calculating customer profitability assists in the management of customer-driven costs?

Question 4: Define the term 'bottleneck' and describe how the application of the 'theory of constraints' can assist management in production?

Reference no: EM132541801

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