a) Using the weighted factor-rating method, which country would you select? in the following table, compute the total weighted score for each candidate (enter your responses rounded to one decimal place). Based on a comparison of weighted risk soores, Claudia Pragram should choose b) Double each of the weights used in part (a) (to 0:20, 1.20, 0.40, and 0.20, respectively) If each weight is doubled, Claudia Pragram should choose What effect does doubling the weights have on your answer? as the best country for outsourcing as the best country for outsourcing. OA The conclusion changes since the weighted averages change. OB The conclusion does not change since the weighted averages do not change at all OC. The conclusion changes but the weighted averages do not change at all OD The conclusion does not change but the weighted averages change Selection Criterion (Risk Factors) Price of service from outsourcer Nearness of faolides to client Level of technology History of successful outsourcing Total Weighted Score: Criteria Weight England Canada 0.10 0.00 0.20 0.10 3 1 3 1 2 2 2 1
Q: The New England Cheese Company produces two cheese spreads by blending mild cheddar cheese with…
A: Find the Given details below:
Q: Problem 1-4 (Static) Consider the following financial data from the past year for Midwest Outdoor…
A: The acronym "ROA" stands for "Return on Assets." It is a financial ratio that assesses how…
Q: How can you calculate the Mean Time Between Failures (MTBF) and the Mean Time To Repair (MTTR) for a…
A: Mean Time Between Failures (MTBF)Mean Time Between Failures (MTBF) is a measure of the reliability…
Q: The manager assigns tasks to workstations and breaks ties using a longest operation heuristic. That…
A: Project schedule helps in calculating different values related to the production cycle like the…
Q: What are the core principles of the RAD (Rapid Application Development) system model approach, and…
A: In today's fast-paced world, businesses and the organizations often require software applications to…
Q: Strama, Incorporated, manufactures and sells two products: Product A6 and Product I5. The company…
A: A cost accounting method known as activity-based costing (ABC) allocates overhead and indirect…
Q: 7. (**) Precision Machinery has set standard times for its field representatives to perform certain…
A: Given,CustomerActual time required to perform routine maintenanceABC Company1.8 hoursPreztel2.4…
Q: The information for project X is shown below. What is your recommendation if the imposed penalty is…
A: Critical path method is project management tool (others e.g WBS, PERT). It uses flow chart of…
Q: The most precise performance in product availability is a) stock-out frequency b) fill rate c)…
A: These metrics are a set of key performance measure that identifies the effectiveness of supply chain…
Q: Northeastern Insurance Company is considering opening an office in the US. The two cites under…
A: A decision-making criterion known as the Total Weighted Score (TWS) method is employed in many…
Q: To be effective, an organization must have clearly defined sets of goals and objectives. True lr…
A: Effective management is the practice of the manager doing all the activities in a planned manner so…
Q: What is the role of a production manager in a manufacturing company?
A: Production management is the control of a company's manufacturing process with the goal of boosting…
Q: Problem A-9 (Algo) BC Petrol manufactures three chemicals at their chemical plant in Kentucky: BCP1,…
A: The production process is the sequence of steps as well as activities that are involved in…
Q: VP for operations at Mendez-Pinero Engineering, you must decide which product design, A or B, has…
A: Reliability can be explained as the probability of a system, process, or equipment performing well…
Q: Question 2. A manager wants to assign tasks to four workstations as efficiently as possible, and…
A: Question 2Task# Following TasksPositional WeightTime a4233b3202c2184d3257e2184f4295g--6h--9i--5By…
Q: Describe the challenges and benefits of implementing blockchain technology in supply chain…
A: SCM is a strategic approach to integrating supply and demand in the market. It involves several…
Q: A decision now needs to be made about the shipping plan for how many units to ship from each factory…
A: Linear programming (LP) is a mathematical optimization technique that helps solve problems where an…
Q: Determine the utilization and efficiency for each of the following situations. a. A loan processing…
A: a)Utilization = (Actual output / Design capacity) * 100.The design capacity is for 13 loans per day,…
Q: Refer to the legend for the activity that corresponds to each code Using the Ine drawing tool, draw…
A: A network diagram shows the tasks with the duration taken by each activity as per the completion of…
Q: The following gives the number of accidents that occurred on Florida State Highway 101 during the…
A: MonthPeriod (x) Number of Accidents (y)Jan125Feb240Mar370Apr490
Q: Do you think the selection system used by Everyday Wholesale is valid? Explain your answer and be…
A: Everyday Wholesale is a wholesale distribution company. They use job analysis, resume screening,…
Q: In Quarter 2 what is the expected value at outcome A (before the cost of the delivery van)? $
A: Here, I am given the decision tree, Based on whether the demand is good or bad, the final profit…
Q: Snappy Lube is a quick-change oil center with a single service bay. On average, Snappy Lube can…
A: Service rate, µ10min. per carArrival rate, λ15min. per car
Q: Answer the following question: Analyze the Pareto Chart and share your perspective about the…
A: With the help of the Pareto chart, we can present a graph where we will identify the multiple causes…
Q: Explain the concept of Mean Time Between Failures (MTBF) and its significance in system reliability.
A: Mean Time Between Failures (MTBF) is a key concept in today's fast-paced world for guaranteeing the…
Q: Given the linear program Max 3A +48 s.t. 4 -1A+ 28 S 8 1A + 2B ≤ 12 2A+ 18 ≤ 16 A, 82 0 a. Write the…
A: Find the Given details below:
Q: Dave Fletcher was able to determine the activity times for constructing his laser scanning machine…
A: For this question, I have been given the activity ID, the time for each activity, and the immediate…
Q: I Love Lucy: A Colorized Celebration - "Job Switching" clip https://youtu.be/K3axU2b0dDk Watch this…
A: In the "I Love Lucy" episode titled "Job Switching," Lucy and Ethel work in a candy factory on an…
Q: Discuss the challenges and benefits of implementing a Master Data Management (MDM) system in an…
A: Implementing a Master Data Management (MDM) system in an organization can offer significant…
Q: f you were going into the lodging segment, which type of property would you prefer to work at and…
A: Lodging refers to the transaction of a short-run abode. those who travel and keep one's hands off…
Q: b) The forecast for the next month (Jan) using the naive method=sales (round your response to a…
A: I will apply various techniques to determine the forecast for the next month Jan, The detailed…
Q: Aragon Epsilon Airlines services predominantly the eastern and southeastern united States. The vast…
A: Integer programming is a type of mathematical optimization or linear programming in which solutions…
Q: Vintage-looking art replicas are delivered to an art store once a year. The reorder point for the…
A: Reorder point = 200Carrying cost = $30 per unit per yearStockout cost = $70 per chair per…
Q: Draw the network diagram b. Calculate the expected time for each activity. c. Calculate the variance…
A: “Since you have posted a question with multiple sub parts, we will provide the solution only to the…
Q: Explore the ethical and environmental considerations related to the manufacturing and disposal of…
A: The production and disposal of microchips, the small but essential parts driving our contemporary…
Q: Use the network below to answer the following questions 16 to 23. Note that projects start on Day 0.…
A: The critical path is the path that shows the longest path in the project network diagram. The…
Q: Existing facility #1 has weight 2 and coordinate (9, 10). Existing facility #2 has weight 10 and…
A: Find the given details below: Given…
Q: How does proactive maintenance contribute to system reliability, and what are some best practices in…
A: A strategic method of guaranteeing the dependability and lifespan of machinery and systems is…
Q: Question 1. An assembly line with nine tasks is to be balanced. The longest task is 9 minutes, and…
A: Number of tasks in a assembly line = 9Longest task time = 9 minutesTotal Time for all the tasks = 45…
Q: For the following project. 1- Draw an Activity on Arrow (AON) OR an Activity on Node (AON) diagram.…
A: There are two types of network diagrams that can be drawn to find the critical path. These two…
Q: The project is expected to take The critical activities are: Early start for Activity E is: Late…
A: CPM specifies the series of tasks that must be satisfied on time to ensure the project's successful…
Q: IM.51 The BYU-Idaho University Store has 7,800 items in its inventory. The management of these items…
A: Item Class% of ItemsCycle count Interval (Days)A20%20B35%80C45%120No. of items in inventory =7800%…
Q: EX6-12 (Algo) You are creating a You are creating a customer database for the Lehigh Valley IronPigs…
A: Find the Given details below: ActivityImmediate…
Q: Charles Lackey operates a bakery in Idaho Falls, Idaho. Because of its excellent product and…
A: Multifactor productivity is the proportion between total output values and two or more input values.…
Q: A project consisting of the following activities: Activity Predecessor Duration (months) A 2 B 3 C 2…
A: As per Bartleby guidelines, we can only solve one question at a time...Kindly upload the other…
Q: Please do not give solution in image format thanku A 60-watt outdoor lightbulb is advertised as…
A:
Q: Chris Suit is administrator for Lowell Hospital. She is trying to determine whether to build a large…
A: Based on the given data, we first prepare a summary table as shown below:
Q: Discuss the concept of IT project management and its importance in ensuring project success.
A: In today's rapidly evolving business landscape, Information Technology (IT) projects have become…
Q: a. Create a network model in the form of Activity and Arrow (AoA) and Activity on Node (AoN) for the…
A: A network diagram shows the link of each task with the duration taken by each activity with respect…
Q: Shirley Thomas is a real estate agent for Bungalow Realty. She is responsible for managing potential…
A: The following information about the bungalows and the trips is…
Trending now
This is a popular solution!
Step by step
Solved in 4 steps with 4 images
- The Global Sourcing Wire Harness Decision Sheila Austin, a buyer at Autolink, a Detroit-based producer of subassemblies for the automotive market, has sent out requests for quotations for a wiring harness to four prospective suppliers. Only two of the four suppliers indicated an interest in quoting the business: Original Wire (Auburn Hills, MI) and Happy Lucky Assemblies (HLA) of Guangdong Province, China. The estimated demand for the harnesses is 5,000 units a month. Both suppliers will incur some costs to retool for this particular harness. The harnesses will be prepackaged in 24 12 6-inch cartons. Each packaged unit weighs approximately 10 pounds. Quote 1 The first quote received is from Original Wire. Auburn Hills is about 20 miles from Autolinks corporate headquarters, so the quote was delivered in person. When Sheila went down to the lobby, she was greeted by the sales agent and an engineering representative. After the quote was handed over, the sales agent noted that engineering would be happy to work closely with Autolink in developing the unit and would also be interested in future business that might involve finding ways to reduce costs. The sales agent also noted that they were hungry for business, as they were losing a lot of customers to companies from China. The quote included unit price, tooling, and packaging. The quoted unit price does not include shipping costs. Original Wire requires no special warehousing of inventory, and daily deliveries from its manufacturing site directly to Autolinks assembly operations are possible. Original Wire Quote: Unit price = 30 Packing costs = 0.75 per unit Tooling = 6,000 one-time fixed charge Freight cost = 5.20 per hundred pounds Quote 2 The second quote received is from Happy Lucky Assemblies of Guangdong Province, China. The supplier must pack the harnesses in a container and ship via inland transportation to the port of Shanghai in China, have the shipment transferred to a container ship, ship material to Seattle, and then have material transported inland to Detroit. The quoted unit price does not include international shipping costs, which the buyer will assume. HLA Quote: Unit price = 19.50 Shipping lead time = Eight weeks Tooling = 3,000 In addition to the suppliers quote, Sheila must consider additional costs and information before preparing a comparison of the Chinese suppliers quotation: Each monthly shipment requires three 40-foot containers. Packing costs for containerization = 2 per unit. Cost of inland transportation to port of export = 200 per container. Freight forwarders fee = 100 per shipment (letter of credit, documentation, etc.). Cost of ocean transport = 4,000 per container. This has risen significantly in recent years due to a shortage of ocean freight capacity. Marine insurance = 0.50 per 100 of shipment. U.S. port handling charges = 1,200 per container. This fee has also risen considerably this year, due to increased security. Ports have also been complaining that the charges may increase in the future. Customs duty = 5% of unit cost. Customs broker fees per shipment = 300. Transportation from Seattle to Detroit = 18.60 per hundred pounds. Need to warehouse at least four weeks of inventory in Detroit at a warehousing cost of 1.00 per cubic foot per month, to compensate for lead time uncertainty. Sheila must also figure the costs associated with committing corporate capital for holding inventory. She has spoken to some accountants, who typically use a corporate cost of capital rate of 15%. Cost of hedging currencybroker fees = 400 per shipment Additional administrative time due to international shipping = 4 hours per shipment 25 per hour (estimated) At least two five-day visits per year to travel to China to meet with supplier and provide updates on performance and shipping = 20,000 per year (estimated) The international sourcing costs must be absorbed by Sheila, as the supplier does not assume any of the additional estimated costs and invoice Sheila later, or build the costs into a revised unit price. Sheila feels that the U.S. supplier is probably less expensive, even though it quoted a higher price. Sheila also knows that this is a standard technology that is unlikely to change during the next three years, but which could be a contract that extends multiple years out. There is also a lot of hall talk amongst the engineers on her floor about next-generation automotive electronics, which will completely eliminate the need for wire harnesses, which will be replaced by electronic components that are smaller, lighter, and more reliable. She is unsure about how to calculate the total costs for each option, and she is even more unsure about how to factor these other variables into the decision. Based on this case, do you think international purchasing is more or less complex than domestic purchasing? Why? Is it worth the additional effort?The Global Sourcing Wire Harness Decision Sheila Austin, a buyer at Autolink, a Detroit-based producer of subassemblies for the automotive market, has sent out requests for quotations for a wiring harness to four prospective suppliers. Only two of the four suppliers indicated an interest in quoting the business: Original Wire (Auburn Hills, MI) and Happy Lucky Assemblies (HLA) of Guangdong Province, China. The estimated demand for the harnesses is 5,000 units a month. Both suppliers will incur some costs to retool for this particular harness. The harnesses will be prepackaged in 24 12 6-inch cartons. Each packaged unit weighs approximately 10 pounds. Quote 1 The first quote received is from Original Wire. Auburn Hills is about 20 miles from Autolinks corporate headquarters, so the quote was delivered in person. When Sheila went down to the lobby, she was greeted by the sales agent and an engineering representative. After the quote was handed over, the sales agent noted that engineering would be happy to work closely with Autolink in developing the unit and would also be interested in future business that might involve finding ways to reduce costs. The sales agent also noted that they were hungry for business, as they were losing a lot of customers to companies from China. The quote included unit price, tooling, and packaging. The quoted unit price does not include shipping costs. Original Wire requires no special warehousing of inventory, and daily deliveries from its manufacturing site directly to Autolinks assembly operations are possible. Original Wire Quote: Unit price = 30 Packing costs = 0.75 per unit Tooling = 6,000 one-time fixed charge Freight cost = 5.20 per hundred pounds Quote 2 The second quote received is from Happy Lucky Assemblies of Guangdong Province, China. The supplier must pack the harnesses in a container and ship via inland transportation to the port of Shanghai in China, have the shipment transferred to a container ship, ship material to Seattle, and then have material transported inland to Detroit. The quoted unit price does not include international shipping costs, which the buyer will assume. HLA Quote: Unit price = 19.50 Shipping lead time = Eight weeks Tooling = 3,000 In addition to the suppliers quote, Sheila must consider additional costs and information before preparing a comparison of the Chinese suppliers quotation: Each monthly shipment requires three 40-foot containers. Packing costs for containerization = 2 per unit. Cost of inland transportation to port of export = 200 per container. Freight forwarders fee = 100 per shipment (letter of credit, documentation, etc.). Cost of ocean transport = 4,000 per container. This has risen significantly in recent years due to a shortage of ocean freight capacity. Marine insurance = 0.50 per 100 of shipment. U.S. port handling charges = 1,200 per container. This fee has also risen considerably this year, due to increased security. Ports have also been complaining that the charges may increase in the future. Customs duty = 5% of unit cost. Customs broker fees per shipment = 300. Transportation from Seattle to Detroit = 18.60 per hundred pounds. Need to warehouse at least four weeks of inventory in Detroit at a warehousing cost of 1.00 per cubic foot per month, to compensate for lead time uncertainty. Sheila must also figure the costs associated with committing corporate capital for holding inventory. She has spoken to some accountants, who typically use a corporate cost of capital rate of 15%. Cost of hedging currencybroker fees = 400 per shipment Additional administrative time due to international shipping = 4 hours per shipment 25 per hour (estimated) At least two five-day visits per year to travel to China to meet with supplier and provide updates on performance and shipping = 20,000 per year (estimated) The international sourcing costs must be absorbed by Sheila, as the supplier does not assume any of the additional estimated costs and invoice Sheila later, or build the costs into a revised unit price. Sheila feels that the U.S. supplier is probably less expensive, even though it quoted a higher price. Sheila also knows that this is a standard technology that is unlikely to change during the next three years, but which could be a contract that extends multiple years out. There is also a lot of hall talk amongst the engineers on her floor about next-generation automotive electronics, which will completely eliminate the need for wire harnesses, which will be replaced by electronic components that are smaller, lighter, and more reliable. She is unsure about how to calculate the total costs for each option, and she is even more unsure about how to factor these other variables into the decision. Based on the total cost per unit, which supplier should Sheila recommend?The Global Sourcing Wire Harness Decision Sheila Austin, a buyer at Autolink, a Detroit-based producer of subassemblies for the automotive market, has sent out requests for quotations for a wiring harness to four prospective suppliers. Only two of the four suppliers indicated an interest in quoting the business: Original Wire (Auburn Hills, MI) and Happy Lucky Assemblies (HLA) of Guangdong Province, China. The estimated demand for the harnesses is 5,000 units a month. Both suppliers will incur some costs to retool for this particular harness. The harnesses will be prepackaged in 24 12 6-inch cartons. Each packaged unit weighs approximately 10 pounds. Quote 1 The first quote received is from Original Wire. Auburn Hills is about 20 miles from Autolinks corporate headquarters, so the quote was delivered in person. When Sheila went down to the lobby, she was greeted by the sales agent and an engineering representative. After the quote was handed over, the sales agent noted that engineering would be happy to work closely with Autolink in developing the unit and would also be interested in future business that might involve finding ways to reduce costs. The sales agent also noted that they were hungry for business, as they were losing a lot of customers to companies from China. The quote included unit price, tooling, and packaging. The quoted unit price does not include shipping costs. Original Wire requires no special warehousing of inventory, and daily deliveries from its manufacturing site directly to Autolinks assembly operations are possible. Original Wire Quote: Unit price = 30 Packing costs = 0.75 per unit Tooling = 6,000 one-time fixed charge Freight cost = 5.20 per hundred pounds Quote 2 The second quote received is from Happy Lucky Assemblies of Guangdong Province, China. The supplier must pack the harnesses in a container and ship via inland transportation to the port of Shanghai in China, have the shipment transferred to a container ship, ship material to Seattle, and then have material transported inland to Detroit. The quoted unit price does not include international shipping costs, which the buyer will assume. HLA Quote: Unit price = 19.50 Shipping lead time = Eight weeks Tooling = 3,000 In addition to the suppliers quote, Sheila must consider additional costs and information before preparing a comparison of the Chinese suppliers quotation: Each monthly shipment requires three 40-foot containers. Packing costs for containerization = 2 per unit. Cost of inland transportation to port of export = 200 per container. Freight forwarders fee = 100 per shipment (letter of credit, documentation, etc.). Cost of ocean transport = 4,000 per container. This has risen significantly in recent years due to a shortage of ocean freight capacity. Marine insurance = 0.50 per 100 of shipment. U.S. port handling charges = 1,200 per container. This fee has also risen considerably this year, due to increased security. Ports have also been complaining that the charges may increase in the future. Customs duty = 5% of unit cost. Customs broker fees per shipment = 300. Transportation from Seattle to Detroit = 18.60 per hundred pounds. Need to warehouse at least four weeks of inventory in Detroit at a warehousing cost of 1.00 per cubic foot per month, to compensate for lead time uncertainty. Sheila must also figure the costs associated with committing corporate capital for holding inventory. She has spoken to some accountants, who typically use a corporate cost of capital rate of 15%. Cost of hedging currencybroker fees = 400 per shipment Additional administrative time due to international shipping = 4 hours per shipment 25 per hour (estimated) At least two five-day visits per year to travel to China to meet with supplier and provide updates on performance and shipping = 20,000 per year (estimated) The international sourcing costs must be absorbed by Sheila, as the supplier does not assume any of the additional estimated costs and invoice Sheila later, or build the costs into a revised unit price. Sheila feels that the U.S. supplier is probably less expensive, even though it quoted a higher price. Sheila also knows that this is a standard technology that is unlikely to change during the next three years, but which could be a contract that extends multiple years out. There is also a lot of hall talk amongst the engineers on her floor about next-generation automotive electronics, which will completely eliminate the need for wire harnesses, which will be replaced by electronic components that are smaller, lighter, and more reliable. She is unsure about how to calculate the total costs for each option, and she is even more unsure about how to factor these other variables into the decision. Are there any other issues besides cost that Sheila should evaluate?
- The Global Sourcing Wire Harness Decision Sheila Austin, a buyer at Autolink, a Detroit-based producer of subassemblies for the automotive market, has sent out requests for quotations for a wiring harness to four prospective suppliers. Only two of the four suppliers indicated an interest in quoting the business: Original Wire (Auburn Hills, MI) and Happy Lucky Assemblies (HLA) of Guangdong Province, China. The estimated demand for the harnesses is 5,000 units a month. Both suppliers will incur some costs to retool for this particular harness. The harnesses will be prepackaged in 24 12 6-inch cartons. Each packaged unit weighs approximately 10 pounds. Quote 1 The first quote received is from Original Wire. Auburn Hills is about 20 miles from Autolinks corporate headquarters, so the quote was delivered in person. When Sheila went down to the lobby, she was greeted by the sales agent and an engineering representative. After the quote was handed over, the sales agent noted that engineering would be happy to work closely with Autolink in developing the unit and would also be interested in future business that might involve finding ways to reduce costs. The sales agent also noted that they were hungry for business, as they were losing a lot of customers to companies from China. The quote included unit price, tooling, and packaging. The quoted unit price does not include shipping costs. Original Wire requires no special warehousing of inventory, and daily deliveries from its manufacturing site directly to Autolinks assembly operations are possible. Original Wire Quote: Unit price = 30 Packing costs = 0.75 per unit Tooling = 6,000 one-time fixed charge Freight cost = 5.20 per hundred pounds Quote 2 The second quote received is from Happy Lucky Assemblies of Guangdong Province, China. The supplier must pack the harnesses in a container and ship via inland transportation to the port of Shanghai in China, have the shipment transferred to a container ship, ship material to Seattle, and then have material transported inland to Detroit. The quoted unit price does not include international shipping costs, which the buyer will assume. HLA Quote: Unit price = 19.50 Shipping lead time = Eight weeks Tooling = 3,000 In addition to the suppliers quote, Sheila must consider additional costs and information before preparing a comparison of the Chinese suppliers quotation: Each monthly shipment requires three 40-foot containers. Packing costs for containerization = 2 per unit. Cost of inland transportation to port of export = 200 per container. Freight forwarders fee = 100 per shipment (letter of credit, documentation, etc.). Cost of ocean transport = 4,000 per container. This has risen significantly in recent years due to a shortage of ocean freight capacity. Marine insurance = 0.50 per 100 of shipment. U.S. port handling charges = 1,200 per container. This fee has also risen considerably this year, due to increased security. Ports have also been complaining that the charges may increase in the future. Customs duty = 5% of unit cost. Customs broker fees per shipment = 300. Transportation from Seattle to Detroit = 18.60 per hundred pounds. Need to warehouse at least four weeks of inventory in Detroit at a warehousing cost of 1.00 per cubic foot per month, to compensate for lead time uncertainty. Sheila must also figure the costs associated with committing corporate capital for holding inventory. She has spoken to some accountants, who typically use a corporate cost of capital rate of 15%. Cost of hedging currencybroker fees = 400 per shipment Additional administrative time due to international shipping = 4 hours per shipment 25 per hour (estimated) At least two five-day visits per year to travel to China to meet with supplier and provide updates on performance and shipping = 20,000 per year (estimated) The international sourcing costs must be absorbed by Sheila, as the supplier does not assume any of the additional estimated costs and invoice Sheila later, or build the costs into a revised unit price. Sheila feels that the U.S. supplier is probably less expensive, even though it quoted a higher price. Sheila also knows that this is a standard technology that is unlikely to change during the next three years, but which could be a contract that extends multiple years out. There is also a lot of hall talk amongst the engineers on her floor about next-generation automotive electronics, which will completely eliminate the need for wire harnesses, which will be replaced by electronic components that are smaller, lighter, and more reliable. She is unsure about how to calculate the total costs for each option, and she is even more unsure about how to factor these other variables into the decision. Calculate the total cost per unit of purchasing from Happy Lucky Assemblies.Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. Is Ben Gibson acting legally? Is he acting ethically? Why or why not?Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?
- Claudia Pragram Technologies, Inc., has narrowed its choice of outsourcing provider to two firms located in different countries. Pragram wants to decide which one of the two countries is the better choice, based on risk-avoidance criteria. She has polled her executives and established four criteria. The resulting ratings for the two countries are presented in the table below, where 1 is a lower risk and 3 is a higher risk. The executives have determined four criteria weightings: Price, with a weight of 0.1; Nearness, with 0.6; Technology, with 0.2; and History, with 0.1. a) Using the factor-rating method, which country would you select? b) Double each of the weights used in part (a) (to 0.2, 1.2, 0.4, and 0.2, respectively). What effect does this have on your answer? Why?In the context of Monster Beverage Corporation, analyse the risk that the brand must consider before making a decision of entering an international or foreign market.South Africa produces textiles. As a trade policy to enhance exports of textiles, the South African government introduces a subsidy on textiles. The autarky price of a ton of textiles is R40, and domestic production and consumption of textiles is 60 tons. The free trade price of textiles is R45. Represent this scenario in a well-drawn diagram and explain with the aid of the diagram, the impact of a R10 subsidy on each unit of textile
- Claudia Pragram Technologies, Inc., has narrowed its choice of outsourcing provider to two firms located in dif-ferent countries. Pragram wants to decide which one of the two countries is the better choice, based on risk-avoidance criteria. She has polled her executives and established four crite-ria. The resulting ratings for the two countries are presented in the table below, where 1 is a lower risk and 3 is a higher risk. SELECTION CRITERION ENGLAND CANADAPrice of service from outsourcer 2 3Nearness of facilities to client 3 1Level of technology 1 3History of successful outsourcing 1 2The executives have determined four criteria weightings: Price,with a weight of 0.1; Nearness, with 0.6; Technology, with 0.2;and History, with 0.1.a) Using the factor-rating method, which country would youselect?b) Double each of the weights used in part (a) (to 0.2, 1.2, 0.4,and 0.2, respectively). What effect does this have on youranswer? Why?Q)Arslan is an exporter and producer of cutlery products. For the last few years, he is facing problems in his business. After a detailed investigation, he realized that he has severe problems in his organizational supply chain management system. One of the major problems identified is that he can’t measure the supply chain management system's performance properly. He wants to improve the supply chain management system and want to develop an effective model to measure the performance supply chain management system. Being an expert in the supply chain suggests a standardized modelto measure the performance properly.1.Indicate whether the supply or Demand curve would shift to the right, shift to the left or movement along the demand/supply curve under each of the following instances An announcement by local supermarkets on radios and television channels that more companies and individuals with pick up cars have come on board to offer delivery services of groceries to customers during the rock down period. What would happen to the supply of delivery transport service? The Namibian government decides to stop subsidising the City of Windhoek, public transport division. what would happen to the supply of public transport? The government of Namibia decides to increase the income of all the civil servant by 30% as many demanded the need to buy their own vehicle. what would happen to the demand curve for vehicles?