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max2010maxim [7]
3 years ago
5

Consumers are expressing increased demand for product customization in the form of features, labeling, color or packaging. What

is the impact of this trend on supply chain inventory? What strategies can firms and supply chains use to mitigate this impact?
Business
1 answer:
Novay_Z [31]3 years ago
5 0

Answer:

Today, it seems obvious the obsolescence of the industrial paradigm based on the optimization of processes in the supply chain as if they were specific functions, whose objective was to improve their efficiency and stability. Companies must evolve from this industrial approach based on the internal efficiency of the processes to a paradigm focused on the added value that is given to customers with a global vision of the chain. The factor that catalyzes all these changes is the increase in an increasingly demanding and personalized demand from customers. In addition, global competition allows stimulating this change and forces manufacturers to seek new ways to produce the agreement to the changing and personalized needs of the market.

Explanation:

During the 80s manufacturers used JIT, TQM and other programs to improve production efficiency. Today, when customers request more specialized products and services tailored to meet their demands. There is a growing need to make mass customized products. The manufacturers of mass-produced items are analyzing how these production practices can be modified to increase their flexibility. Customization strategies that emphasize flexibility, low cost, high quality and efficient production of small lots are gaining ground very quickly.

There is a need for the integration of business operations in the supply chain. Develop new products in which they are involved in marketing, research and development, production, logistics and finance. It is important to link suppliers in the product development process and also that of second level suppliers. Finally, the linking of the consumer and the customer is essential.

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When a research project includes the collection of biological samples, all planned future uses of the samples, identifiers, and
Mrac [35]
It is True, that all research that involves interaction or intervention with human samples and data a part of human subjects research.
4 0
4 years ago
Terry and Jim are both involved in operating illegal businesses. Terry operates a gambling business and Jim operates a drug-runn
Jet001 [13]

Answer:

(c)Terry should report profit from his business of $250,000

Explanation:

Before computing the actual solution, first, we have to compute the net income of both the parties

For Terry = Gross revenue - employees salaries - rent and utility expenses

               = $500,000 - $200,000 - $50,000

               = $250,000

For Jim = Gross revenue - cost of goods sold

             = $500,000 - $125,000

            = $375,000

The other item values would not relevant for deduction. Hence, ignored it

Therefore, option c is correct.

               

3 0
3 years ago
EAPs are designed to affirm all of the following except
Anton [14]

Answer:

c. monitored employees are better employees

Explanation:

EAP stands for employee assistance program. It basically creates a help for employees which are facing any kind of personal or professional problems in their life.

It is a self initiated program to help the employees, by providing guidance, solving grievances or by any other means.

It nowhere assures that the employees shall be continuously monitored, while they perform and that the employees shall be set free to work in the manner they desire, as long as the company is achieving the targets.

6 0
4 years ago
Mentor Corp. has provided the following information for the current year: Units produced 3,500 units Sale price $ 200 per unit D
sasho [114]

Answer:

$ 145

Explanation:

Units produced 3,500 units

Sale price $ 200 per unit

Direct materials $ 70 per unit

Direct labor $ 55 per unit

Variable manufacturing overhead $ 20 per unit

Variable Costs = $ 145

Variable selling and administrative costs $ 30 per unit

Total Variable Cost = $ 175* 3500= $ 612500

Fixed manufacturing overhead $ 350,000 per year

Fixed selling and administrative costs $ 150,000 per year

Total Costs             $1112500

Total Unit Cost = $112500/3500= $ 317.85

7 0
4 years ago
Assess the trade-offs that investors face when making investment decisions, and provide one example of such a trade-off.
polet [3.4K]

A common trade-off that investors face when making investment decisions is the risk-return trade-off.

A trade-off simply means the situational decision where an economic entity loses one quantity in order to gain something else.

A common trade-off that investors face when making investment decisions is the risk-return trade-off. It should be noted that higher risks are usually associated with more probability of higher return. Also, a lower risk has a greater probability of lower return but it's safer.

In this case, investors are usually faced with making a decision of whether to go for a safer investment or to go for one with more risk that will yield more returns.

Read related link on:

brainly.com/question/25385948

7 0
3 years ago
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