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What are the advantages of using single sourcing strategies?
Advantages of using Single sourcing:
a. Simple to keep relations along with only one supplier
b. Simple to facilitate quality assurance procedures along with only one supplier
c. It could lower cost per unit because of higher volume ordered along with only one supplier
d. Possibility of competitive advantage as an example, allegiance to one suppler could be more collaborative
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A production process is known to produce a particular item in such a way that 5% of these are defective. If two items are randomly selected as they come off the production line, wh
A bond has a coupon rate of 15%, a yield to maturity of 10.55%, and a market price of $850. Therefore, the annual interest payment is: a.) $850 b.) $150 c.) $105.50. d.) $120.0
Why should one study operations management?
You have a novel product idea and a working prototype for floating fishing pliers. You use an extrusion process to manufacture the pliers, and your family assembles them out of you
Write a job description for a position in tomorrow's business environment
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