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Problem 1:
Describe the need for safety stock
- Demand fluctuation, delay in receipt of inventory, impact of slow delivery- Advantages of safety stock
Problem 2:
Describe the various methods of disposing the obsolete stock • Review inventory for obsolete items• Create a Materials Review Board (MRB)• Include an obsolescence review in the closing procedure• Use computer tracking for items with a short shelf life• Track the rework status actively
Describe the several financial ratios important in financial statement analysis.
• Liquidity ratio• Profitability ratio• Leverage ratio• Activity ratio
How has BASF''s differentiated supply chain models worked to leverage its economies of scale and extensive knowledge of its customers'' industries?
Problem 1 Aerial Products has produced 100 airframes with the following mix data. Perform a complete SPC analysis identifying if the process is in control, if the process is
QUESTION 1 (a) (i) Explain the meaning of a Bill of Lading (ii) Describe the three main functions of a Bill of lading (b) Explain the meaning and purpose of an Air Waybil
Question 1: a. Describe briefly the SWOT analysis. b. Describe the Porter's Five Forces model. Porter's Five Forces model Question 2: Describe the objectives and ty
what is the supply chain for milk
citing differenting procurement strategic between public & private org highliting their objectives
The Pampered Puss is a company with headquarters in Melbourne, Australia and operates 35 retail shops. These shops are spread throughout the metropolitan area and were established
Harley Davidson purchases components from three suppliers. Components purchased from Supplier A are priced at $ 5 each and used at the rate of 240,000 units per year. Components pu
Identification problems 1. What is the definition of an identification problem (in the context we have discussed in EC337)? 2. Two general empirical patterns are that (1)
A local skating rink charges each person $5 to skate and another $3 for each skate rental. The rink has determined that on a daily basis, when 100 tickets are sold, the costs per s
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