Understand the square root rule calculation be able

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Strategic Management: Theory & Cases: An Integrated Approach
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Chapter 11 / Exercise 1
Strategic Management: Theory & Cases: An Integrated Approach
Hill/Schilling
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PROs and CONs of centralizing your warehouses. Understand the square-root rule calculation. Be able to do problems using the square root formula. Bullwhip effect - Define/explain. Causes. How can it be minimized? Rationing vs GamingBe aware that the primary examples given in the lecture and charts or illustrations used in class may also be tested.Creating a Simple Study Guide- Understand 3 items below in great detail. Use lists. A. Push Systems - Automated, Speed, Make-to-StockB. Pull Systems - Skilled Labor, High Performance, Make-to-OrderC. Lean/JIT Systems - Mix of the two above (Mostly Pull), Possible PostponementUnderstand Push/Pul/JIT drawings in Slides(These three lists can easily fit on one page. Try to see logical connections between lists)
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Strategic Management: Theory & Cases: An Integrated Approach
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Chapter 11 / Exercise 1
Strategic Management: Theory & Cases: An Integrated Approach
Hill/Schilling
Expert Verified
SCM 300 – MODULE 07Study PacketModule 07: International SCM IssuesReading Assignment - e-Notes (Supply Chain Management Fundamentals: Module 7)Below is a list of the items most likely to be tested from the Module 7 eNotes:Global profit motivationsRevenue: oreach new customers, omanage risk of low sales in one market by selling in multiple marketsoallows company to learn about alternative sale and distribution marketsoallows company to learn about new product service or business trendsCostoPotential Lower overall costsoTaxes, tariffs, legal fees, business transaction feedsoLearning new business practices that help saveGlobal Brand strategy: cultural differences in different markets can affect how the products are presented in different marketsIntellectual property: copyrights, patents, trademarks, and other designations that protect the creative ideas of a company, artist, or other creators of goods. Provide the owner of the idea a monopoly on that idea and all works that derive from itBenefits and Risks of External PartnersoBenefits: speed, expertise, resource utilization, focus on core competenciesoRisks: quality control, intellectual property, business practices, loss of strategic flexibilityOffshoring: a strategy where a company moves manufacturing out of its “home” country to another country
SCM 300 – MODULE 07Study Packet

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