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Information asymmetry exists when
- The network is overloaded
- Sellers and buyers have the same information
- One party in a transaction had more important information than the other
- Manufactures provide online data to customers
Explain the impact that batch size has on flow. Explain why the EOQ formula works.
HOW TO SOLVE SEQUENCING PROBLEM FOR N-JOB AND M-MACHINES
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Would you want to manage an IKEA store? Why or why not?
Describe Google's customer value proposition and profit formula linked to its business model. What strategies has Google relied upon to build competitive advantage in the industry?
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