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How you would draft a return policy

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Reference no: EM131815090

Answer questions 1 - 4 below

1) Explain how model formulation software and information systems can assist with:

- Reprocessing

- Reprocessing Cost

- Disposal Cost

- Resale & Profit

2) Formulate in a couple of paragraphs how you would draft a return policy

3) Discuss the correlation between returned product types and the seven channels of product disposition?

4) When analyzing the Methods A-D, and the information or miss-information on forecasting, performance and performance with respect to inventory costs as proposed by Kelle and Silver (1989). Which is the best method to deal with mis-information?

- Readings: SPMR - CH 4 & 5 (Used Products), GB - CH 3 (Secondary MKT), MRL - CH 7 (Product Returns, Inventory)

- Supplemental readings, Reverse Logistics (An Important Dimension of Supply, Reverse Logistics (An Important Dimension of Supply), & ce_salvage_inventory_flow.

Verified Expert

This solution deals with providing information about how MSF& MIS assist reprocessing cost, and disposal cost and how it help in generating profit in company. second solution includes solution to draft a successful return policy in organisation. third solution deals with describing relation between returned product and and different channels of product disposition. and fourth solution deals with different methods to deal with mis information.

Reference no: EM131815090

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