Jackson Hagerman Make-To-Order vs. Make-To-Stock Make-To-Order (MTO) is a strategy used by manufacturers to make custom orders for customers according to their specifications. These products are usually made in only low volumes. Make-To-Stock (MTS) is a strategy that involves holding items in stock for immediate delivery to minimize customer delivery times. This is very feasible for standardized products with high volume demand and displays fairly accurate forecasts. This model is suited
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The Advantages and Disadvantages of Individual Rights and Public Order What are our individual rights and what is the meaning of public order advocates‚ and how can the advantages and disadvantages that are held in response to those rights be understood? Our individual rights are our moral principles sanctioning a man’s freedom of action in a social context. To live rationally by one’s reason in society‚ man needs only one thing from his fellow men; freedom of action. He requires rights to those
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Outline and evaluate one or more explanations of why people obey There is a choice given to people‚ either to obey or to disobey orders give by others. Some psychologists have researched into why people obey‚ and what factors cause them to do so. An autonomous state is where an individual or individuals are aware of the consequences of their actions and chose voluntarily to behave in a certain way. This can be changed however‚ and particularly shown in the study of Milgram’s obedience‚ into an
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Advantages and Disadvantages of using cash to make payments Advantages Disadvantages Cash is the most common way of payment around the globe when compared to all other types of payment. As cash does not involve third-party action for its immediate conversion into other forms value. Cash requires no authorization for the person who carries it‚ thus it is convenient for those who desires small payment amounts to be used. The use of cash does not involve any transaction fees for both ends‚ that
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Order getter Definition The role most synonymous with selling is a position in which the salesperson is actively engaged in using their skills to obtain orders from customers. One highly challenging yet potentially lucrative example of this are sales positions where the main objective is to find new customers. Sales jobs in this category are often in fields that are very competitive‚ but offer high rewards for those that are successful. The key distinguishing factor of these positions is that
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The concept of order-winners and order-qualifiers is originating from an attempt to explain how internal operational capabilities can lead to competitive advantage‚ market success and answer the following : - What drives customers in buying the products manufactured by a company at all. - What makes customers purchase a certain product instead of a similar one manufactured by a competitor. In order for customers to purchase a product a car for example it needs to meet a set of minimum requirements
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ORDER WINNERS AND ORDER QUALIFIERS The operations and supply chain strategy is a functional strategy that indicates how structural and infrastructural elements within the operations and supply chain areas will be acquired and developed to support the overall business strategy. Executing successful operations and supply chain strategies means choosing and implementing the right mix of structural and infrastructural elements. What constitutes the best mix of these structural and infrastructural
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Abstract no 020-0134 A lean perspective on servitization of manufacturing Mats Winroth Dept of Industrial Management and Economics‚ Division of Operations Management‚ Chalmers University of Technology SE-412 96 Göteborg‚ Sweden Phone: +46 31 772 12 17 E-mail: mats.winroth@chalmers.se Glenn Johansson Dept. of Industrial Engineering and Management‚ School of Engineering Jönköping University P.O. Box 1026 SE-551 11 Jönköping‚ Sweden Phone: +46 36 10 16 34 E-mail: glenn.johansson@jth
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Densie Keaton Social Networking Advantages and Disadvantages HLT 610 Grand Canyon University Finding the advantages and disadvantages of social networking for career advancement was to say the least interesting. The employment advancement with Social media in education can teach students marketing skills early on in the process. When using sites like Facebook‚ twitter‚ and Instagram individuals are able to send information about themselves out to millions of people. If that same person
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Willful orders and why it is detrimental to the Marine Corps. Hello my name is privet first class Malik Zere Johnson‚ and today I will explain what it means to be willful to all orders and the consequences if we as a whole do not obey them. To understand where I found these articles or find them you self i took the liberty and wrote the links down on the last sheet. In the next few sentences I shall explain the articles I am quoting‚ and sighting from. Punitive Article of the UCMJ article 90-Assaulting
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