Q.1a) The following graph is EOQ model with planned shortages. Let the parameters from the basic EOQ model. d = constant demand rate K = setup cost for placing one order Q = order quantity h = inventory holding cost per unit of product per unit of time p = shortage cost per unit of product per unit of time S = inventory level just after an order of size Q arrives So‚ Q– S = Shortage in inventory just before an order of Q units is added Production or ordering cost per
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Module code: Supply Chain Management Responsible Lecturers: R. Nijland Degree Course: IBMS Theme: Supply Chain Management Quartiles: 2.3 & 2.4 ECTS: 3 Competencies: 5 Performance indicators 5.1‚ 5.2‚ 5.3 and 5.4 1. Relationship with the professional field In the professional field you must be able to make planning decisions within the area of production. Basic knowledge about resource related questions that require planning procedures should be
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financial statement and compares the past and present of the business to see if it is improving or failing. Disadvantage One disadvantage of Ratios is tools of quantitative analysis‚ which ignore qualitative points of view. For example the stock turn over ration and Asset turnover only look at the quantity and not if the quality of the product is up to standard. Another disadvantages id ‚ if they are calculated from incorrect accounting data‚ Ratios would give false result and it would affect
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these sites offer everything to facilitate your online life. However‚ under the mountain of advantages there are also a lot of disadvantages. Knowing them will hold you in good stead as you cannot know when this accessible-by-all tool becomes your worst nightmare. To know more read the article below on the pros and cons of social networking sites. Advantages & Disadvantages Of Social Networking Sites The Pros Of Social Networking Sites • The best advantage of social networking sites is that
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However‚ that trend is quickly changing. Companies are discovering that the wage gap is narrowing and many of the disadvantages are now starting to outweigh benefits of sending jobs abroad. One of the points mentioned in the article is that wages in china have risen 10-20% in the last 10 years‚ whereas wages in America and Europe have remained about the same. Also‚ another disadvantage of send production abroad is that shipping can be very expensive. In recent years shipping costs have gotten higher
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Abstract This essay will discuss the empowering women and consider its disadvantages and disadvantages. Firstly it will state the disadvantages of empowering women. Some of the disadvantages discussed in this essay are competition‚ moral problems and family problems. Furthermore‚ the essay will discuss some of the very important advantages of empowering women. Some of the important advantages are gender equality‚ leadership and education. Finally the essay will conclude with a thought that despite
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advantages and disadvantages to telling the truth. An advantage to telling the truth is being able to talk about things without fear of ramifications. For example if you are in the Principal’s office and the Principal is asking you what happened and if you tell the truth then you are able to talk about it without fear of the ramifications. A disadvantage for being honest would be the ramifications if you saw your friend stealing and told the truth you might lose your friendship. Another disadvantage of telling
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Italian companies are all subsidized by their governments. Disadvantages of Boeing’s outsourcing strategy * The company’ employees including engineers are not happy and disagree with the company’s outsourcing strategy. * The Japanese suppliers may use the technology shared by Boeing to design their own airplanes. * Delay of parts can also be a disadvantage of outsourcing this means some companies might not deliver the parts to build the airplane on
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and discuss the advantages and disadvantages to the Gitomer firm of the first alternative on Mark’s list. Advantage: The empty container can be turn or move to the location that is needed. May increase the number of people using container to ship from those location‚ since the transportation fee is cover or lower than the market price. Disadvantage: They need to cover the cost for shipping the empty container. 2.List and discuss the advantages and disadvantages to the Gitomer firm of the second
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Method Advantages Disadvantages Uniform Advantages having all pupils in the same uniform gives the students a sense of belonging and reduces any teasing from other children and families comparing the families financial status. Outsiders can identify clearly that a child attends a certain school if they abscond. The Logo\uniform advertises the standard and ethos of the school. A smartly dressed student sends a positive message
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