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Address the following four items related to inventory management:
1. Research pull and push inventory approaches/techniques. Describe each approach and explain how it is different from the other.
2. Discuss the advantages and disadvantages of each approach.
3. Provide an example of each approach.
4. If you were asked to manage the transition from a push approach to a pull approach, how might you go about doing it?
A certain type of computer costs $500 per unit to build and the annual inventory holding cost is 10% of the unit cost. Annual demand is 20,000 units and the setup cost is $100 per order. What is the economic order quantity (EOQ)? Find the closest val..
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Analyze Walmart and Amazon.com using the competitive forces and value chain models. Compare Wallmart and Amazon's business models and businesses strategies. What role does informatio technology play in each of these business? How is it helping them r..
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