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Discuss the trade-offs of quantity and quality

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Imagine you are a small-business owner, such as a custom framing store, a restaurant, a garage, or a specific small local business of your choice, and apply basic supply management principles to the acquisition of services.

Discuss the trade-offs of quantity, quality, and cost in a small business such as a custom framing store, a restaurant, a garage, or a specific small local business of your choosing.

Planning systems such as MRP and CRP might be overkill for a small-business owner. Devise a simplified version of an MRP and/or CRP, such as a supply planning chart or a supply planning template, for a small, local business. A local, small business could be a custom framing store, a restaurant, a garage, or a specific small local business of your choosing.

Reference no: EM132788820

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