A
Interpretation: The best selector to be selected, if there is a low demand for the new service of the company, for the moderate demand, and for the high demand assumptions.
Concept Introduction: The Company receives orders from the customers online, and then the company assembles and delivers those orders in specially designed cardboard boxes.
B
Interpretation: To find the suitable supplier, supposing that the company uses maximum decision criterion for evaluating the alternatives.
Concept Introduction: The Company receives orders from the customers online, and then the company assembles and delivers those orders in specially designed cardboard boxes.
C
Interpretation: To find the highest expected ranking supplier, supposing that the probability is 35% for low demand, 45% for moderate demand, and is 20% for high demand.
Concept Introduction: The Company receives orders from the customers online, and then the company assembles and delivers those orders in specially designed cardboard boxes.
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Operations Management: Processes And Supply Chains (12th Edition) (what's New In Operations Management)
- Propose the logistical and cross-functional improvements for better performance of yourchosen organization’s supply chain: facilities, inventory, transportation, information,sourcing and pricing.arrow_forwardikea Warehouse management plays a strategic role in the overall supply chain process. Effective warehousing strategies can assist the firms in increasing supply chain surplus. On the basis of online data availability, organization and analyze its warehousing strategies. 10 marks Length of the answer: Between 200 and 220 words Originality: 3 References: 1 Analysis of warehousing strategies used by the selected organization: 6arrow_forwardA sourcing strategy is essentially a business case for an organisation to determine an optimal approach to procure resources. AusMed which manufactures medical ventilators, wants to procure a heating tube which is a critical component of humidification equipment. In comparison to the value of the ventilator, the heating tube cost less. Moreover, there are very few suppliers in the world that can supply the heating tubes. Outline the steps involved in the sourcing the heating tube? Discuss what sourcing strategy that AusMed needs to adopt while procuring heating tube?arrow_forward
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- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage Learning