Business Finance Homework Help

Chapter #16:

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Question #1: With the global transition of developed and developing countries to service economies, consider the implications for manufacturing supply chains. How will the world look in 100 years from now if this trend continues?

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Question #3: Consider the role that technology plays in both of this chapters caselets. How do you think the advances in technology (e.g mobile communications, cloud computing and social media) will influence the service sector? Consider potential technology-based service innovations.

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Chapter #17:

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Question #1: Distinguish stochastic models from deterministic models.

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Question #4: Distinguish validity from reliability.

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Question #5: Why is it not always possible or feasible to select the ‘best’ route for a shipment?

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Chapter #18:

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Question #3: To what extent do you believe a supply chain can be redesigned to compensate for poor product design or poor product quality?

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Question #4: How can you use a supply chain to innovate?

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Question #5: Why do you think logistics and supply chain managers require a ‘T-shaped’ skills profile?