Explain the increasing importance of the procurement function.
Answer to relevant QuestionsWhat is meant by the term inventory velocity and why is this important? What is information velocity, and why is it important? Discuss centralization versus decentralization in purchasing. What are the advantages of each? A manager at Strateline Manufacturing must choose between two shipping alternatives: two-day freight and five-day freight. Using five-day freight would cost $ 135 less than using two-day freight. The primary consideration is ...Briefly describe each of these priority rules: a. FCFS b. SPT c. EDD d. S/ O e. Rush Use the assignment method to determine the best way to assign workers to jobs, given the following cost information. Compute the total cost for your assignmentplan.
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