Reference no: EM132184484
1. For a lean system implementation, what would a firm do of the following?
increase setup/changeover time
reduce setup time/changeover time
Eliminate some fixed administrative costs
Improve capacity utilization
2. Labor-intensive processes are best for lean procurement.
3. Define each of the following and illustrate each with a marketing example:
a. Cash discount b. Quantity discount c. Cumulative discount d. Noncumulative discount e. Functional discount f. Seasonal discount
4. Define and illustrate with a marketing example each of the following pricing tactics:
a. Single price b. Flexible price c. Freight absorption pricing d. FOB origin pricing e. Uniformed delivered pricing f. Zone pricing g. Leader pricing h. Bait pricing i. Odd-even pricing j. Price bundling