Company T was founded in 2005 which operated as freight brokerage. Despite good profit, it couldn’t penetrate deep with its partners. So, the company decided to operate as third-party logistics with verticals as electronics, automotive and pharmaceuticals in Country U. Company T had partnership with Company S which is an assembler of high-end computer server and storage units. Company T acted as 3PL and 4PL for handing company S transportation and distribution needs. Company S was planning to expand to Country SA due to high labour cost in Country U. Country SA provided the advantage of low-cost labour, Country C is investing billions of dollars for infrastructure in Country SA and Country C was not selected for facility due to high labour rates. Company S had proposed Company T to expand to Country SA for providing their service but company T hadn’t operated outside Country U. To determine: The opportunities for company T on expanding globally especially into country SA?

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Answer 1

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Definition Definition Arrangement between two or more people whereby they agree to manage business operations and share its profits and losses in an agreed ratio. The agreement drafted and signed by the partners of the firm is termed as a partnership deed and contains various important clauses agreed between the partners such as profit/loss sharing, interest on capital, remuneration allocation of each partner, and drawings of a partner.

Chapter 1, Problem 2.1C

Summary Introduction

Company T was founded in 2005 which operated as freight brokerage. Despite good profit, it couldn’t penetrate deep with its partners. So, the company decided to operate as third-party logistics with verticals as electronics, automotive and pharmaceuticals in Country U. Company T had partnership with Company S which is an assembler of high-end computer server and storage units. Company T acted as 3PL and 4PL for handing company S transportation and distribution needs. Company S was planning to expand to Country SA due to high labour cost in Country U. Country SA provided the advantage of low-cost labour, Country C is investing billions of dollars for infrastructure in Country SA and Country C was not selected for facility due to high labour rates. Company S had proposed Company T to expand to Country SA for providing their service but company T hadn’t operated outside Country U.

To determine: The opportunities for company T on expanding globally especially into country SA?

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Question content area Part 1 Oakwood Hospital is considering using ABC analysis to classify laboratory SKUs into three categories: those that will be delivered daily from their supplier (Class A items), those that will be controlled using a continuous review system (B items), and those that will be held in a two bin system (C items). The following table shows the annual dollar usage for a sample of eight SKUs. Fill in the blanks for annual dollar usage below. (Enter your responses rounded to the nearest whole number.) Part 2 Rank the SKUs in descending order on the basis of their annual dollar usage and fill in the table with the ranked SKU's percentage of dollar usage. (Enter your responses rounded to two decimal places.)

Sam's Pet Hotel operates 51 weeks per year, 6 days per week, and uses a continuous review inventory system. It purchases kitty litter for $13.00 per bag. The following information is available about these bags: > Demand 70 bags/week > Order cost $58.00/order > Annual holding cost 30 percent of cost > Desired cycle-service level = 80 percent >Lead time 4 weeks (24 working days) > Standard deviation of weekly demand = 15 bags > Current on-hand inventory is 320 bags, with no open orders or backorders. a. Suppose that the weekly demand forecast of 70 bags is incorrect and actual demand averages only 45 bags per week. How much higher will total costs be, owing to the distorted EOQ caused by this forecast error? The costs will be $ higher owing to the error in EOQ. (Enter your response rounded to two decimal places.)

a. The average aggregate inventory value of the product if Ruby-Star used vendor 1 exclusively is $enter your response here. (Enter your response as a whole number.) b. The aggregate inventory value of the product if Ruby-Star used vendor 2 exclusively is shown below. c. How would your analysis change if average weekly demand increased to 160 units per week? The aggregate inventory values are shown below.

Answer 2

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Definition Definition Arrangement between two or more people whereby they agree to manage business operations and share its profits and losses in an agreed ratio. The agreement drafted and signed by the partners of the firm is termed as a partnership deed and contains various important clauses agreed between the partners such as profit/loss sharing, interest on capital, remuneration allocation of each partner, and drawings of a partner.

Chapter 1, Problem 2.1C

Summary Introduction

Company T was founded in 2005 which operated as freight brokerage. Despite good profit, it couldn’t penetrate deep with its partners. So, the company decided to operate as third-party logistics with verticals as electronics, automotive and pharmaceuticals in Country U. Company T had partnership with Company S which is an assembler of high-end computer server and storage units. Company T acted as 3PL and 4PL for handing company S transportation and distribution needs. Company S was planning to expand to Country SA due to high labour cost in Country U. Country SA provided the advantage of low-cost labour, Country C is investing billions of dollars for infrastructure in Country SA and Country C was not selected for facility due to high labour rates. Company S had proposed Company T to expand to Country SA for providing their service but company T hadn’t operated outside Country U.

To determine: The opportunities for company T on expanding globally especially into country SA?

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Answer 3

Question

Definition Definition Arrangement between two or more people whereby they agree to manage business operations and share its profits and losses in an agreed ratio. The agreement drafted and signed by the partners of the firm is termed as a partnership deed and contains various important clauses agreed between the partners such as profit/loss sharing, interest on capital, remuneration allocation of each partner, and drawings of a partner.

Chapter 1, Problem 2.1C

Summary Introduction

Company T was founded in 2005 which operated as freight brokerage. Despite good profit, it couldn’t penetrate deep with its partners. So, the company decided to operate as third-party logistics with verticals as electronics, automotive and pharmaceuticals in Country U. Company T had partnership with Company S which is an assembler of high-end computer server and storage units. Company T acted as 3PL and 4PL for handing company S transportation and distribution needs. Company S was planning to expand to Country SA due to high labour cost in Country U. Country SA provided the advantage of low-cost labour, Country C is investing billions of dollars for infrastructure in Country SA and Country C was not selected for facility due to high labour rates. Company S had proposed Company T to expand to Country SA for providing their service but company T hadn’t operated outside Country U.

To determine: The opportunities for company T on expanding globally especially into country SA?

Expert Solution & Answer

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Check out a sample textbook solution

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Answer 4

Question

Definition Definition Arrangement between two or more people whereby they agree to manage business operations and share its profits and losses in an agreed ratio. The agreement drafted and signed by the partners of the firm is termed as a partnership deed and contains various important clauses agreed between the partners such as profit/loss sharing, interest on capital, remuneration allocation of each partner, and drawings of a partner.

Chapter 1, Problem 2.1C

Summary Introduction