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Discussion 1 Materials management is the process in which materials are converted into final goods. There is an important relationship between material requirements planning, capacity planning, and inventory management. Analyze these relationships and provide examples from professional experience and/or text examples to support your views. Provide references including Benton, W.C. (2014). Purchasing and supply chain management (3rd ed.). New York, NY: McGraw-Hill Irwin. Discussion 2 The "Just in Time" or "JIT" purchasing process is becoming more popular as a strategy for firms across the globe. Identify two or three purchasing benefits described in the text. Identify a project that could be implemented to meet these benefits from professional or text examples. Consider why a project manager would need to have knowledge of JIT, and how it is important to organizations today. Provide references including Benton, W.C. (2014). Purchasing and supply chain management (3rd ed.). New York, NY: McGraw-Hill Irwin.
Global supply chain productivity and synergy goals. Describe the critical success factors for organizational collaboration
Name two examples of biotechnology that use recombinant DNA technology and two examples that do not.
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What risks do managers take when they view their firm's performance solely in financial terms?
Under the less than open-trust conditions, decision makers often spend their time mostly on analyzing their trading partner's credibility, reliability and trustworthiness, rather than optimizing their operations. What is our opinion?
SUPPLY CHAIN MANAGEMENT
What is the optimal inventory policy under these conditions? How many Totalee toothbrushes should Robert order each time and how frequently? What is the total variable inventory cost per year with this policy?
If the processing time is exponentially distributed with rate 96 orders per day (average processing time = 15 minutes), compute the following:
Supply chain management is the integration of activities
Mega Cabinets, Inc. (MCI) hired carpenters to make and install cabinets in their new sales territory. During orientation, MCI conducted an intensive training session that detailed MCI's procedures for measuring and hanging kitchen cabinets.
In a CPIF the buyer and the seller agree to share the risks associated with the project execution. Accordingly, both parties negotiated and agreed on target cost and target profit.
your boss approached you to identify a solution for a performance issue and system outages that have been experienced
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