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Case: A producer sells a certain type of LED lights to LPS, a local hardware store, at $12 each. The marginal production cost for the producer is $1 per item. LPS prices the lights at $24 and expects demand to be normally distributed with a mean of 20,000 and a standard deviation of 5,000. LPS places a single order with the producer. Currently, LPS discounts any unsold lights at the end of two months down to $3, and any lights that did not sell at full price sell at this price.
For question 1, a plan under discussion is that the producer buys back any number of unsold lights for $8 per item.
You will research a company that uses supply chain management (SCM) and look at how their organizational profitability is affected by it. An explanation of how they use supply chain management
What are the major factors behind the existing supply chain structure? (e.g., efficiency/cost, profitability...) What are the risks/downsides/issues wit
Calculate the economic order quantity (EOQ) (namely how many orders to place very year in order to minimize the total cost
Research the growth of a faculty-approved e-business in Supply Chain Management. Write a 1,050- to 1,400-word paper in which you:
Identify the company's competitors and determine who owns what market share for the product. Evaluate how the company manages production or delivery of service. Defend your choice of questions and support your selection with scholarly articles.
Describe the key requirements for a distribution centre in general and critically evaluate the specific requirements for the National Distribution Centre of CRS.
If Celebrity's goal is to have near-empty pantries by the end of the voyage, how much safety stock should be carried?
Develop a prenegotiation position for all cost elements with explanations. Available information includes program information, a cost proposal, DCAS and DCAA
Provide the linear regression equation. Use the linear regression equation and provide the forecast for July.
From your understanding of these concepts, describe the key characteristics that define supply management, demand management, and logistics management.
1. Prior to World War II, the United States produced about seventy-five percent of the world's total goods and services.
Discuss the roles of logistic in a business. Demand forecasting - explanation and elaboration - real company's example Procurement - explanation
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