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A comparison of two computer manufacturers found that by implementing improvements in its supply chain, one company was able to reduce its average supply of key components to only 3-6 days’ supply of inventory, as compared with their competitor, which held an average of 35 days’ supply in inventory during the same time period. Both companies used an assemble-to-order process to manufacture computers from standard vendor-produced components.
Using Hau Lee’s Supply Chain Uncertainty Framework (JC13 textbook, p. 380), identify which type of supply chain strategy is needed to fit the situation described above, and discuss actions that a company could take to improve supply chain performance. Then, provide some specific examples of how a computer company, operating in an industry with frequent technological improvements, would be in a better competitive position with only three days’ supply of components in inventory vs. a competitor with 35 days of components in inventory.
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The equations representing demand as well as, inverse demand as well as, supply as well as inverse supply are as follows.
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Mars Inc manufacturers M&Ms the milk chocolate comes in a variety of colors: blue brown green orange red and yellow the overall proportions for the colors are 0.24 blue, 0.13 brown, 0.20 green, 0.16 orange, 0.13 red and 0.14 yellow in a sampling stud..
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If one yr later the marketplace interest rate increases by 5% also they sell the bond, this rate of return on this investment is.
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Illustrate what does a point outside construction possibilities frontier indicates.
Wal-Mart is often criticized for importing many of the goods they sell. Why do they buy goods from foreign markets.
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