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Manufacturing Sector - Operation Strategy
1. Manufacturing has become a global industry with worldwide markets and worldwide suppliers
2. Goods becoming commodity items - differentiated by brand name and service
3. Strategic alliances common
4. Increased reliance on principles of supply chain/ value chain management
5. Increased reliance on increased global use of Internet communications and ERP IT systems
6. Need of centralised supply chain management based of mathematical modelling of strategic cost options
Analyze the three primary concerns confronting Thomas regarding the management of this project. Suggest a method of addressing each of the three concerns
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Solve the following linear program using the decomposition principle: minimize z = ?2x1 ? 5x2 subject to x1 + 2x2 = 13.5 x1 + 3x2 = 18.0 x1 ? 9 x2 ? 5 x1, x2 ? 0. Let the first two
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