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(a) Supply chain management is the integration of the activities that procure materials and services, transform them into intermediate goods and the final product, and deliver them to customers. The key to a successful supply chain structure and operation depends upon a customer/supplier relationship based on partnership principles. Critically discuss the importance for companies to develop a supply chain strategy.
(b) Leal Communication Ltd stocks and sells Toshiba note-book. It costs the store $400 each time it places an order with the manufacturer. The annual cost of carrying the note-book in inventory is $150. The store manager estimates that the annual demand for such note-book will be 1200 units.
(i) Explain why organisations hold inventory.
(ii) Evaluate optimal order quantity and total annual inventory costs.
The following process is designed to handle 120 customers a day. The customer is “processed” through each of the two operations, A and B, in sequence form. The average rate of each
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Identify and explain three challenges that firms face in the future regarding quality
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These are TWO different short answer discussion questions please answer EACH question in the discussion and list references many motivational theories focus on the motivational qua
In most cases, organizations adjusted their structures as part of the process of implementing a new strategy. Why might this practice not be advisable?
Explain all types of worker's participation. Types of Worker's Participation - Worker's participation in management may take several forms, for example: (a) Formal partici
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