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What are the disadvantages of using multiple sourcing strategies?
Disadvantages of using multiple sourcing:
a. Not simple to facilitate quality assurance procedures while many suppliers exist
b. Higher cost when not bulk buying thorough one single supplier
c. Less commitment through suppliers when supplier hopping is frequent
Consider the following batch-flow process consisting of three process steps performed by three machines: STEP 1 Processing Time: 0.25 Min/Part Processing Time: 0.20 Min/Part Pro
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The Norwitch Company uses a continuous review (s, Q) system for inventory control. Weekly demand for an item, Pressure Valve #5 (PV5), is distributed Normally with a mean and stan
1) Rocco wants to prepare the sales forecast for the next 24 months today. His company produces heavy-duty on/off timers used by large Christmas light displays and above ground swi
As the administrative manager in a law office, you have been asked to develop a system for evaluating the productivity of the 15 lawyers in the office. What difficulties are you go
What are some of the factors that cause organizations to redesign their products or services?
what is lean synchronization
Bookstore buys a popular freshman physics book at $30 each and sells it to students at $50 each. The same book is used for Fall and Winter terms. The demand for books is distribu
So of the things Ms. Mayer (Yahoo CEO) hoped to accomplish, what has she actually accomplished? What has it done to drive stock prices and the user experience? In short, what has s
What processes do MNCs need to establish in order to reduce prosecution risk? Many MNCs have decided to confront concerns about ethical behavior by developing worldwide practices t
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