Analyze trade-offs of quantity quality and cost in business


Discussion

• Being a small-business owner such as a custom framing store, a restaurant, a garage, or a specific small local business of your choice, apply the basic supply management principles to the acquisition of services.

• Discuss the trade-offs of quantity, quality, and cost in a small business such as a custom framing store, a restaurant, a garage, or a specific small local business of your pick.

• Planning systems such as MRP and CRP might be overkills for a small-business owner. Devise a simplified version of an MRP and/or CRP such as a supply planning chart or a supply planning template for a small local business. A local small business could be a custom framing store, a restaurant, a garage, or a specific small local business of your pick.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Business Management: Analyze trade-offs of quantity quality and cost in business
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