Question: Open the file Aggregating Products xls found on the book web
Open the file Aggregating Products.xls found on the book web site. This file contains a list of 50 products. How would you aggregate these products? How few product groups do you need in order to capture all necessary characteristics of these 50 products? Which of the 50 products belong to each of your product groups?
Relevant QuestionsYou need to set up a mathematical optimization model. Assume you are modeling a supply chain for a business with ten warehouses and 1,000 customers. If you set up the model to minimize cost, set the decision variables to ...What if the western part of Logistica decided it needed a capital city as well? Assume that City 15 was the easternmost city in this region. What is the best location for the capital of the western half of Logistica? Why? A major consumer products company is making a major push to improve the number of orders filled on time in full. This measure is often abbreviated as OTIF. It means that when a customer places an order for several different ...You are working for a company with 500 unique products. You must aggregate these products. The team has decided that they will build a simple way to group products by coming up with six categories. Each category only has ...Name other reasons a firm may want to build a group and other reasons they may use a consulting firm. Describe a hybrid approach (there is an in-house capability, and a consulting firm is also used to help with the analysis) ...
Post your question