Discuss the characteristics of these five entry modes

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1. The Friendly Sausage Factory (FSF) can produce hot dogs at a rate of 5,500 per day. FSF supplies hot dogs to local restaurants at a steady rate of 350 per day. The cost to prepare the equipment for producing hot dogs is $64. Annual holding costs are 49 cents per hot dog. The factory operates 299 days a year.

2. Define any five international entry modes and discuss the characteristics of these five entry modes. Illustrate your answer with specific examples.

3. Explain how a reduction in lead time can help a supply chain reduce its inventory buffer without hurting customer service. (Grading: 20 points for explaining lead time, 30 points for providing an example, and 20 points for supporting your argument).

Reference no: EM132228480

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