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Continuous cost reduction is a big challenge all procurement managers need to face. Top executives always expect the purchasing cost can reduce every year. This is also many companies require their suppliers to achieve year after year. For example, both Walmart and Toyota have annual cost reduction goal for their suppliers. The question is: do you think this requirement is reasonable? Is it possible to cut cost year after year without sacrificing other perspectives of the business? Explain your answer.
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In a set of 24 months of data for medical leave that has a mean of 13 days per month and a standard deviation of 5.51 how many months are expected to have fewer than 18.51 days per month reported medical leave(one standard deviation above themean)?
If we define culture as the sum total of beliefs, rules, techniques, institutions, and artifacts that characterize human populations. And, that culture is learned and shared, its various aspects are interrelated and it defines the boundaries of di..
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