Supply chain enablers lead to more effective risk management

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Reference no: EM132305044

1. What issues should an organization consider in selecting a package of employee benefits. How should an employer manage the trade-offs among these considerations?

2. How preventive and responsive supply chain enablers lead to more effective risk management. Apply visual aids if possible.

3. A company can either buy a component or make it in its own facilities. If total annual demand is 2000 units, annual production rate 2500 units, annual holding cost per unit (H) is $0.3, and both set up cost (sm) and ordering cost(so) are $3. Which option (make or buy) do you recommend? (Which option has lower inventory cost?)

Reference no: EM132305044

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