Question 1a: What happens if there is a shortage in a component? What data is needed to assess the impact of this? Question 1b: Even if a firm experiences a supply disruption, it may not experience a shortage directly. Why? Question 1c: Suppose TTR on your own = 12 weeks, and TTR to switch to an outside supplier = 9 weeks. How would the TTS compare to the Time to Recover (TTR)? Question 1d: What measures could be taken to prevent or mitigate impact of shortage of critical components?
Question 1a: What happens if there is a shortage in a component? What data is needed to assess the impact of this? Question 1b: Even if a firm experiences a supply disruption, it may not experience a shortage directly. Why? Question 1c: Suppose TTR on your own = 12 weeks, and TTR to switch to an outside supplier = 9 weeks. How would the TTS compare to the Time to Recover (TTR)? Question 1d: What measures could be taken to prevent or mitigate impact of shortage of critical components?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question 1a: What happens if there is a shortage in a component? What data is needed to assess the impact of this?
Question 1b: Even if a firm experiences a supply disruption, it may not experience a shortage directly. Why?
Question 1c: Suppose TTR on your own = 12 weeks, and TTR to switch to an outside supplier = 9 weeks. How would the TTS compare to the Time to Recover (TTR)?
Question 1d: What measures could be taken to prevent or mitigate impact of shortage of critical components?
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