Describe the importance of supply chain management (SCM) in the retail business. Provide specific examples based on the two real-world situations you studied.

Q: I am taking in at my optimal bundle, and suddenly I get free goods of

A: Definitely it is beneficial for you because Tracking down exceptional and intriguing contraptions or…

Q: a. Draw a project network b. Identify the critical path c. Develop the activity schedule for the…

A: A project schedule network diagram shows the tasks that are to be performed in the defined sequence.…

Q: An airline employee responsible for quarterly schedules was measured for the following repetitions.…

A:

Q: What is the effect on the cost of quality to the customer when in an agreement with a supplier to…

A: Cost of quality or called (COQ) is described as a process that authorizes an organization to specify…

Q: AnaCarolina and Jaco, executive managers at Duke Manufacturing, are tasked with determining…

A: A balanced scorecard is the strategic management performance-based system that helps organizations…

Q: An activity duration estimates for a certain project has the most optimistic time to complete the…

A: Formula to be used: Variance = ((P - O) ÷ 6) ^ 2 P = Pessimistic time = 20 O = Optimistic time = 3

Q: The largest problems faced by supply chain managers, however, have remained consistent over the last…

A: A supply chain included the complete process or steps from producing the product to the delivery of…

Q: Find initial solution using Least Method and identify special case

A: The transportation model is used to calculate the minimum cost of the route by selecting different…

Q: Among the purposes of institutionalizing ethics and social responsibility in company is located:…

A: Corporate social responsibility refers to the social and environmental responsibilities that a…

Q: The Winston Company has four distribution centers (A, B, C, and D) that require 40,000, 60,000,…

A: Given data is

Q: fertilizer manufacturer has to fulfill supply contracts to its two main customers ​(650 tons to…

A: As per the instructions, VA1 will be units shipped from customer A to warehouse 1, and VA2 will be…

Q: b) Table 2 shows the transportation costs, demands and supplies of a transportation problem. Table…

A: i)

Q: Traits of effective project leaders include the following but which one is the prominent trait? a.…

A: An effective project leader is a leader which perform s all the important functions which is needed…

Q: All contemporary organisations operating in an uncertain economic climate, need to know how to…

A: given, All contemporary organisations operating in an uncertain economic climate, need to know how…

Q: Hau Lee Furniture, Inc., spends 60% of its sales dollars in the supply chain and finds its current…

A: Given data;         % Sales 100000 100 Cost of material 60000 60 Production cost 20000 20…

Q: what is the 3 Planning At Different Levels In The Firm? what is the importance of the 3 Planning At…

A: Managers working at all stages, be it the higher-level administration or the lower-level…

Q: r when developing strategies, which do you feel are strengths for the company called Apple, and…

A: There are already more than a billion active iPhone users worldwide, making Apple Inc. the world's…

Q: Given the following data at the drive-through of a bank, what is the interarrival time between the…

A: Given data:  Customer Arrival time Service Time  (minutes) 1 8:06 5 2 8:10 10 3 8:15 7 4…

Q: What is the fundamental distinction between design capacity and effective capacity? Provide a brief…

A: Design capacity and effective capacity are two important concepts in operations management. Both of…

Q: General Electric has separate sales forces for aviation, energy, transportation, and water…

A: Sales force structure is a decision making process in which firms choose specialization decision and…

Q: (c) In class we talked about how to model constraints like "either condition A holds or condition B…

A: step 1    3x1 + x2 >= 5 2x1 + 2x2 >= 4 x1 + 3x2 >= 5   convert the constraints…

Q: Time Task Precedence Tasks Task (sec (s ЕЗ D6 D7 D8 J2 D9 J3 C1 K4, K9 K9, J1 B3 B5 J2 B7 25

A: Calculate the cycle time based on the goal is to produce 1000 bicycles per standard 40hour week…

Q: Joe​ Henry's machine shop uses 2,530 brackets during the course of a year. These brackets are…

A: Given data,     D Demand 2530 Units H Holding Cost 1.65 $ S Ordering cost 18.25 $…

Q: The production schedule at Mazda calls for 1,250 Mazdas to be produced during each of 22 production…

A: given, Mazda calls =1250 production = 22 container size = 250 tiers a =0.08

Q: Q2,A project network diagram with activities and their durations (days) is given below. A H 2 10…

A: A project network is a network that visually represents the project activities and their durations…

Q: The single largest cost item for universities is salaries/wages. The AAS university has asked you to…

A: The single largest cost item for universities is salaries/wages, and managing these costs…

Q: A system must attain a reliability of not less than 0.90 for a 2 hour mission. The reliability is to…

A: given, reliability not less than =0.90 for 2 hrs confidence level =80%

Q: Question 3: The following bar chart shows the activities to complete a project in 6 months (each…

A: Planned value (PV),  Earned value (EV) and Actual costs are different values which helps to identify…

Q: Come up with a decision using MINIMAX REGRET CRITERION under conditions of uncertainty using the…

A: Given data is

Q: tellectual capital

A: The worth of a company's pooled knowledge and resources may be measured in terms of intellectual…

Q: To provide possible solutions when complications occur in maintaining business partnerships.

A: Different Operation styles :Different operation styles do n’t have to be a big problem. Some hookups…

Q: You are a vendor selling programs in front of the stadium of a certain pro football team that has…

A:

Q: 2. A project for improving a billing process has the following precedence relationships and activity…

A: The project network is the visual representation of the project activities and their duration to…

Q: Given the following activity network: A1 A3 activity A1 takes 5 weeks, A2 takes 10 weeks, and A3…

A: Given dataActivity A1 = 5 weeksActivity A2  = 10 weeks Activity A3 = 7 weeks

Q: What is the best of the worst decision alternative? DİHL Co. is a Danao-based logistics company…

A: Given data is

Q: Example 18.11) Calculate the seasonal index number from the following data: Year 1987 105 100 90 115…

A: Given data is

Q: When CSR initiatives include the added dimension of ensuring the ability to meet current needs…

A: When CSR initiatives include the added dimension of ensuring the ability to meet current needs…

Q: For a given activity, the: most optimistic time to complete the project is 8, the most pessimistic…

A: Formula to be used: PERT Estimate Te = (Tp + 4Tm + To) / 6

Q: n your opinion, why do you think data quality is so important in data warehousing? Do you know the…

A: Data quality means maintaining and improving the accuracy of data in data storehouse. Data Quality…

Q: w or detect the existence or  not of outliers before any further analysis of his or he

A: Detection of Outliers

Q: The items have a standard cost of $81/unit. The monthly demand for items is normally distributed…

A:

Q: Explain the process of balanced scorecard.

A: A balanced scorecard is a strategic management performance metric that helps companies recognize and…

Q: 2. Write down the formulas used in Quantity Discount Model and the four steps of using Quantity…

A:

Q: GIVE THE MEANING AND INSIGHTS ABOUT THE FOLLOWING

A: Business organizations are central to the modern economy, playing a key role in driving innovation…

Q: Solve the table using the Least-cost and Vogel Method: (ii) $10 $4 $2 8 $2 $3 $4 5 $2 $0 $1 6 7 6 6

A: The transportation model is used to calculate the minimum cost of the route by selecting different…

Q: Which of the following statements about just-in-time delivery is false? Multiple Choice Just-in-time…

A: Just in time is a busines strategy that would align the raw material orders from the vendors…

Q: 3.4-16* A cargo plane has three compartments for storing cargo: front, center, and back. These…

A: Let us assume that x1f as the number of tons of cargo of type 1 in compartment front, likewise x1c…

Q: Aggregate demand for a product family is given in the table below for the 4 quarters of 2021.…

A: Aggregate plan helps the company to procure in an optimal way while saving as much money as…

Q: 2. The manager of a crew that installs carpeting has tracked the crew's output over the past several…

A: Productivity is the relationship between the output and the input of the production process in an…

Q: You are asked to analyze the kanban system of LeWin. a French manufacturer of gaming devices. One of…

A:

Fundamentals of CRM

Customer Relationship Management, also called CRM, is a set of technology and techniques for managing a company's customer and potential customer relationships and interactions. It is a customer relationship management system that allows businesses to manage and analyze data and customer interactions across the customer lifecycle. The goal of CRM is to "Improve Business Relationships". CRM helps businesses stay connected, streamline procedures, and increase profitability. CRM systems collect client data from various channels (or contact points) between the customer and the company. It makes use of a company's website, social media pages, telephones, marketing emails, live chat, live video, and so on.