1. What characteristics do successful global companies usually exhibit?
2. Briefly discuss vertical integration strategies.
3. It was stated that planning inventory levels is both an art and a science. Explain in your own words why this is true. Use any examples you might have from experience to support your answer.
4. If annual demand is 48,000 units, unit cost is $25, the cost to place an order is $20, and the holding cost is 25% of the unit cost, what is the economic order quantity?
554
445
454
545
358