Question: ONLY UPLOAD PDF FILES FOR YOUR SOLUTIONS AND ONLY SEND 1 FILE. 1) Anticipatory and Responsive Business models can be presented as below. Figure 1.8

ONLY UPLOAD PDF FILES FOR YOUR SOLUTIONS AND ONLYONLY UPLOAD PDF FILES FOR YOUR SOLUTIONS AND ONLY

ONLY UPLOAD PDF FILES FOR YOUR SOLUTIONS AND ONLY SEND 1 FILE. 1) Anticipatory and Responsive Business models can be presented as below. Figure 1.8 Anticipatory Business Model (PUSH) Forecast Buy components und materials Manufacture Warehouse Sell Deliver Figure 1.9 Responsive Business Model (PULL) Sell Buy components and materials Manufacture Deliver a. Why should firm use anticipatory business model instead of responsive business model? (20 Points) b. Why should a firm use responsive business model instead of anticipatory business model? (20 Points) C. Give an example for about a firm that you know that uses one of these business models. Explain their processes. (40 Points) CHOOSE ONLY ONE OF THE 2nd, 3rd, and 4th QUESTION AND ANSWER ONLY ONE OF THEM! (20 Points) 2) Lowest total process cost the focus of integrated management and it differs from lowest cost of each function in the process. In your opinion, why is calculating lowest total process cost while making decisions is one of the concepts necessary for achieving integrated management. 3) One of the procurement strategies is make vs. buy decision. This strategy discusses about whether a product or a service should be outsourced or insourced. Explain the advantages and disadvantages of outsourcing. When should a firm or a company consider outsourcing? 4) Four different basic manufacturing processes are Job Shop (high variety of different products but in limited volumes), Batch Process (same or similar variety of products are produced repetitively in a batch), Line Flow Process (standard products with a limited number of variations move on an assembly line through stages of production), and Continuous Processes (products are produced in high volumes where the demand for the product is very large). Compare them in terms of lead times. What are the expectations of customers for each process

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