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What are the disadvantages of using single sourcing strategies?
Disadvantages of using single sourcing strategies:
a. Could merely one single supplier into the industry for example, high bargaining power
b. Over reliance onto one supplier can increase risk for example, supplier may fail to deliver
Stan's company is considering producing a gear assembly that it now purchases from Sal Company. Salt company charges 4 per unit with a minimum order of 3000 units. Stan estimates t
Rocky Mountain Tire Center sells 20,000 go-cart tires per year. The ordering cost for each order is $40, and the holding cost is 20% of the purchase price of the tires per year. Th
Discuss the concept of best practices
At a decision point in a decision tree, which machine would you select when trying to maximize payoff when the anticipated benefit of selecting machine A is $45,000 with a probabil
Assess the impact of "group think" and "slackers" to the overall performance of the team and make two recommendations for how that impact could be mitigated. Provide specific examp
1. A workstation must produce 400 units an hour. It takes 24 minutes to receive the necessary material for production from the previous workstation. Output is moved between worksta
1.Decide on which is the best alternative and choose weights for the two capacity factors based on your findings. 2.Once you have selected the factors for the two capacity alter
The Canine Gourmet Company produces deliciious dog treats for canines with discriminating tastes. management wants box-filling line to be so that the process averagee weight per p
In terms of developing the project plan, identify which, if any, of the project steps are more integral to the project plan than any others. Support your response
A technique that uses a series of probability distributions and then transforms them into various risks is called: Answer Probability estimating Monte Carlo simulation
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