The classical EOQ inventory system and MRP

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1. What are the differences between the classical EOQ inventory system and MRP? Give an example of a where you should choose one over the other and explain why.

2. Discuss geodemography and the use of geodemographic marketing techniques in the marketing of products or services. What assumptions are made and how accurate are these assumptions? Provide an example of where you have seen geodemographic marketing used effectively.

3. Detail the pros and cons of three market-entry modes. (1) multidomestic, (2) global, and (3) transnational. Which entry mode would you recommend for a US hotel acting in Greece and why?

Reference no: EM132306043

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