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Purchasing and Supply Management- Project Overview (please cite references)
Vendor negotiations:
• What types of questions do you ask a potential vendor to ensure the right relationship between the two of you and the right fit for your organization?
• Even when you have settled on a particular vendor, what are the advantages of establishing relationships with other vendors competing with the one you selected?
• What are the benefits of keeping the vendor involved with your business and its evolving needs?
• How might a vendor scorecard be an advantage in negotiations? What kind of information would your scorecard contain?
A vending machine dispenses hot chocolate or coffee. Service time is 30 seconds per cup and is constant. Customers arrive at a mean rate of 78 per hour, and this rate is Poisson-distributed.
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Job shop makes products in batches ranging from 1 unit to 1 hundred units. Assuming capacity is not a limitation on either machine, on which batches should Machine Center B be used.
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you are the safety manager for a 50000 square foot warehouse operation where paints and painting supplies are stored.
A cosmetics manufacturer’s marketing department has developed a linear trend equation that can be used to predict annual sales of its popular Hand & Foot Cream. Are annual sales increasing or decreasing? By how much?
The _____ model closely resembles the real environment in which most managers and decision-makers operate.
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Sam is at the post office to mail a package. After he pays for mailing the package, the clerk asks if he would like to buy some stamps. Sam pauses to think before he answers. He doesn't have a credit card with him
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Compute the takt time for a system where the total time per shift is 400 minutes, there is one shift, and workers are given two 20-minute breaks and 30 minutes for lunch.
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