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Question 1:
(a) Explain what you understand by supply chain management.
(b) An important decision facing most purchasing managers is whether to source each individual product or service from a single-sourcing or multi-sourcing (Slack, Chambers, and Johnston, 2001:419). Discuss why single-sourcing has become more attractive to companies.
(c) Discuss the following supply chain strategies:
(i) Vertical integration (ii) Keiretsu networks (iii) Virtual companies
Question 2:
Operations strategies are developed to ensure managers deliver goods or services that are better, cheaper and more responsive to customer needs. Comment on any three of the following factors that can affect an organisation's operations strategy:
(i) Globalisation (ii) Legislation (iii) Marketing mix (iv) Costs (v) Quality
During the 1980s, the general populace of these countries deteriorated, even though several Latin American countries developed strategies to reposition medical personnel and servic
Consider a $1,000 par value, 7% annual coupon bond. The bond matures in 9 years. Assuming the bonds required return is 10%, what is its current yield? (Semi-annually compounding)
_____ is the objective under JIT and time-based competition. WIP reduction Material velocity Lead-time reduction Decreasing material wait time
I need to explain forecasting, also how it is performed at St. Arnold's Brewery (Houston, TX) also what forecasting error is and if there has been any in the past.
1) How does corporate strategy differ from business strategy? Give me an example of each. 2) What are the "ups and downs" of a growth strategy? 3) Discuss the different appro
Search the Web for an article on strategic information systems in general, or a particular case of a strategic information system. Summarize the article and mention in your report
An operation has a 10% scrap rate. As a result, 72 pieces per hour are produced. What is the potential increase in labour productivity that could be achieved by eliminating the scr
An Electric Company estimates its demand trend line (in millions of kilowatt hours) to be D = 79 + 0.52 Q, where Q refers to the sequential quarter number and Q=1 for winter 2000.
Time Lag Effects - Operations Function Feedback control in complex systems can bring its own problems, due to time lag between measuring the output deviation and realising the
What is meant by the level of threshold service of a least-cost system
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