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The professional logistics manager must develop a knowledge base that is integrated with other disciplines. Financial analysis and understanding costs associated with a company or agency is essential in the fight to reduce costs. Based on what you learned in this course, describe ways to reduce the total cost approach to logistics.
When the waiting cost incurred by customers likely varies, an appropriate queuing model is:
Many businesses are using technology to make mundane business tasks easier and more efficient. Assume you are an intern working for the sales manager of a company that sells truck equipment and parts. write a summary and recommendation of one or more..
What is an example of a recent contract which you entered? Did you buy something at a convenience store, enter into a cell phone contract, or even make a larger purchase? Explain the elements that were met within the contract.
What is knowledge transfer? How does an organization ensure that knowledge is transferred properly and to the right individuals? Share your experience in knowledge transfer, whether you were at the sending end or the receiving end. Discuss why you th..
Annual demand for an item is 40,000 units. The holding cost rate is 30% of the item cost. Ordering costs are $60/ order. What is the optimal order quantity? What is the total annual inventory cost of your policy?
create an 8-10 slide ms powerpoint presentation with detailed speaker notes. include the followingidentify which iso
Suppose that you expected the exchange rate in one year to be 1.2 dollars per euro. What is the exchange rate today?
What is the critical path? What are the implications for the management of the critical path and what are the implications for tasks not part of the critical path? Discuss in terms of flexibility.
Stacy evaluates sales data for the I’m-A-Little-Cooler mini-cooler company. She knows that average monthly demand = 6,000 coolers when they are priced at $16/cooler. Stacy estimated cost of goods sold for the product to be $6/cooler. If the price of ..
What is the difference between research questions and hypotheses? Additionally, what is the benefit of using different types of hypotheses within research? Can you write a few different types of hypotheses in the property management industry?
The Lynx Company uses a functional system for their sales system. It takes the orders from their salesmen in the field, processes those orders in the office, sends the information to accounting, and distributes the pick orders to the warehouse for pi..
ESOMAR, the European Society for Opinion and Marketing Research, was founded in 1948. It is a non profit association for marketing research professionals. ESOMAR promotes the use of opinion and marketing research to improve marketing decisions in com..
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