Response the following:
1. Describe the Product design process. Give specific examples for each step from your experience.
2. Maverick Backpacks makes backpacks. They have a monthly fixed cost level of $50,000 and marginal costs of $3.00 per backpack. They wholesale their backpacks for $10.00 each. Calculate the breakeven point. What is their profitability at the following production levels: 5,000, 10,000 and 15,000 units per month.
3. Define and discuss 3 Process Performance Metrics.
4. Pick two types of Supply Chain designs. Compare them and discuss the relative risks and opportunities inherent in each.
5. What is Outsourcing? Why do firms Outsource? Discuss the merits of doing so.