How can it be used to create a sourcing plan

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Reference no: EM132132961

1. Provide an example of a specific type of medical error and discuss its significance and the factors contributing to such errors.

2. What is employee profiling? How can it be used to create a sourcing plan?

3. Consider the EOQ model with positive lead time. Lead-time is L1 with probability p and L2 with probability (1-p). How would you calculate the reorder point?

4. A primary reason for developing a frequency program is to encourage customers to be loyal to a business or brand. For each of the following products below, discuss the merits of a frequency program. What types of incentives would individuals need to join the frequency club and then participate in the program?

Local restaurant

Auto repair service

Printing service

Clothing retailer

Reference no: EM132132961

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