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In March of 2010, while working for a British aircraft parts manufacturer in the finance department, you were directed by your global procurement director to construct the most financially secure-least possible variation-purchase of 50 metric tonnes (MT) of titanium scrap. Both the Russian and Chinese sources had the same price of £5.60/Kg and the freight costs have been equalised. Answer the following questions:
List the specific financial risks you can identify for each supplier. Are they different or the same?
Of each list, identify the ones that concern you most or have the greatest potential for financial disruption. Support your answer as quantitatively as you can.
Is currency fluctuation on either or both of your lists? If so, would your protection strategies be the same or different? Explain how you would protect against currency variation.
Establish five key objectives for Wal-Mart encompassing operational, financial also human resource aspects of business.
Describe the experiential learning process that companies, mentioned in this case study, apply to learn from their mistakes and failures
Abbott Manufacturing produces plastic cases for solar photovoltaic panels and has decided to combine orders from customers to increase work order size, and thereby make one large production run per model type.
Which location would minimize the total costs, given an annual productoi of 50,000 units? For what levels of manufacture and distribution would each location be best?
A company produces two products, A and B. Each must go through two assembly lines. Product A requires 12 hours on Line One and 4 hours on Line 2. How many of each product should the company produce to maximize profit?
Your company has a market share of 25%. The total market size is $100 million. Your contribution margin (the ratio of the contribution per unit over the price per unit) is 20%.
Evaluate Kevin McCarthy leadership style before and during his experiment in participative management. If you were Kevin McCarthy, What would you do now
Item X is a standard item stocked in a company's inventory of component parts. Each year the firm, on a random basis, uses about 2000 units of X which costs $25 each.
How can you prepare an initial response when charged that will attract the interest of the company that posted the RFP?
How do you define Quality? Provide a definition of quality, support your definition, and define the stakeholders who are affected by your quality definition.
Determine the number of cycles per day and a production quantity per cycle for this set of products that achieves fairly level production:
Analyze the various aspects of Occupational Safety and Health Administration (OSHA) compliance and make at least one recommendation for improvement. Explain your rationale.
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