What are the major limitations of the eoq model

Assignment Help Business Management
Reference no: EM131833421

You need help with the following discussion questions. Each question needs to be answered. Each question needs to have a minimal of 150 words. APA format, all work must be cited. No plagiarism.

MGMT

Cite a real-life example of outsourcing failure. List the (possible) causes and give your recommendation(s) on avoiding and/or fixing the issues.

As a supplier, what characteristics of a buyer (your potential customer) would be considered extremely important in building a long-term relationship? Please list at least two and provide your reasons.

Have you observed any Design-for-Logistics or Design-for-Manufacturability practice at work?

If yes, please (1) describe the practice in detail and (2) discuss the resulted benefits and/or the difficulties experienced in the implementation.

If not, please (1) cite a real-life example of DFL or DFM practice and (2) discuss the resulted benefits and/or the difficulties involved in the example.

Mattel had 37 contract manufacturers in China in 2006. Those contract manufacturers in turn used a large number of sub-contractors.

With such a lengthy and complex supply chain, it was almost impossible for Mattel to be totally ware of everything that happened within its suppliers.

Do you have any recommendations for Mattel to improve the transparency of its supply chain?

Answer both questions below about the EOQ model.

(a) In the EOQ model, unit product cost or selling price, C, is not included in the formula we use to solve for the economic order quantity.

Explain why it is not necessary to include this information in the EOQ formula.

(b) What are the major limitations of the EOQ model?

Describe in detail a quantity discount used in the real business world. Exclude the linear, all-unit, and incremental discounts discussed in class.

Reference no: EM131833421

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