BUSADM 370 Introduction to Supply Chain Management: Homework 3 (50 points): Problem 1) (12 points) A produce distributor uses 3,200 packing crates a month, and each crate is purchased at a cost of $12. The manager has assigned an annual carrying cost of 30 percent of the purchase price per crate. Ordering cost is $270. […]
Why a firm must measure productivity?
Respond to classmate repsonse on question: Why a firm must measure productivity? Find a specific business and discuss the productivity measures and importance of productivity measurement in evaluating operations performance. Indicate the output/input measures of productive efficiency. Classmate Response: All businesses require measurable indicators to calculate productivity rates influenced by marketing strategies to create profits […]