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Consider a supply chain consisting of a heavy machine mfr., its part supplier, its dealer, and the customer. The mfr. produces customized machine and uses the dealer to sell to the customer. Suppose the customer's reservation price of the machine is $300,000. The retail price is $250,000. The wholesale price between the mfr. and the dealer is $200,000. The dealer's other retail related cost is $20,000. To produce the machine, the mfr. spends $50,000 as the production cost and pays the supplier $40,000 to buy the parts needed. The parts are not customized and the supplier's production cost is $10,000. What is the supply chain surplus and what is the mfr.'s objective? (Please Explain Step By Step)
Manager Chris Channing of Fabric Mills, Inc., has developed the forecast shown in the table for bolts of cloth. The figures are in hundreds of bolts. The department has a normal capacity of 275(00) bolts per month, except for the seventh month, when ..
Compare and contrast the following definitions of quality. Definition 1: Quality is the totality of features and characteristics of a product or service that bears on its ability to satisfy given needs. Definition 2: Quality is meeting or exceedin..
A company, which sells two different models of an item, finds 65% of its customers buy the cheaper model, for $95. The remaining 35% of the customers pay $125 for the more expensive model. What is the expected purchase price?
What Information is Needed to Complete the Analysis to know if the identified tasks are truly the best ones to crash, Other Recommendations for Shortening Schedule Duration
What is the National Labor Relations Act (NLRA)? What is protected, and what practices have been deemed unfair by amendments to the NLRA? Who enforces the NLRA, and how?
What does this tale have to say about perception, attribution, and impression management? How does this tale illustrate the concept of ascribed status? Besides wearing a hat, what other strategies can women use to preclude situations similar to the o..
From an international cultural perspective, how much of an impact is on the timely decision making and control processes can there be when there is a difference in national and corporate culture? Explain.
Differentiation between foreign branching, equity investment and wholly owned subsidiaries. In addition, what are some risks firms face with a foreign subsidiary strategy.
Suppose the production manager is asked to reduce the safety stock of this item by 45 percent. If she does so, what will the new service probability be
The total purchase sales ratio (the percentage of sales dollars paid out to suppliers) varies little from industry to industry. Supply management has evolved from a transaction-based, tactical function to a process-oriented, strategic function.
This module is the core of the fundamental acts of aviation legislation. Therefore, please choose at least two of the following five acts and discuss. Explain the issues that caused the act to be created, the purpose for the act, the ramifications of..
Explain the difference between synchronous and asynchronous communication. Describe two collaboration tools that can be used to help set up synchronous meetings and two collaboration tools that can be used for asynchronous meetings.
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