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The authors provide a summary of how "purchasing" has evolved into different forms. Please describe a similarity or a difference between a modern supply chain and sustainability orientations versus traditional purchasing and earlier distribution channels.
Calculate the EMVs for each of the three alternatives. For each alternative, please include at least one step of calculation and the correct answer for full credit.
Should China revalue the yuan against the dollar? Why or why not? If so, describe what impact this might have on (1) U.S. balance of payments.
A local camera store sells about 10 cameras a day and is relatively constant. Lead times for camera delivery are normally distributed with an average of 6 days and standard deviation of 3 days. a 98% service level is set. Find the ROP?
Describe the skills a virtual team leader must possess to be competent to lead a newly formed team with the following behaviors:
Consider the following inventory problem: The Average Monthly Demand is 400. The Standard Deviation of Monthly Demand is 45. If ordering the Economic Order Quantity (EOQ), what will be the average inventory with safety stock?
Explain whether the U.S. government should do more to protect consumers or if consumers should become more aware and informed in today's business environment.
Groups exist in all kinds of organizations. Members of a self-managed team carry out many of the activities normally handled by management in a traditional work setting. Which of the following would be least likely to build trust within a group?
Consider a real-world organization such as Walmart orKroger. (You should feel free to engage in additional research to gather relevant information to supplement this case description.)
From a business perspective, what are the dangers of "greenwashing"? If you were a marketing executive, would you have a policy against "greenwashing"? Why or why not?
Daily demand for a product is 100 units, with a standard deviation of 25 units. The review period 10 days and the lead time is 6 days
When should supervisors use groups for decision making? When should they make the decisions themselves? Also, what are some of the advantages of using groups when making decisions?
Determine the upper bound on the difference in their monthly compensations that would justify hiring X rather than Y.3
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