1A. Should a firm attempt to have fewer or more suppliers? What are the advantages and disadvantages of each approach? Your initial post should be (300 Words)
1B. Read Problem 6 in Chapter 6 of your textbook. Calculate and answer parts a through d. Include all calculations and spreadsheets in your post. Explain why the moving average method was used instead of another forecasting method. What might be another forecasting method that could prove to be just as useful? Your initial post should be (300 Words)
2.Outsourcing, especially to low labor-cost countries, has grown substantially. Be sure to address the following in your paper:
- Analyze the trade-offs between inputs for the productivity improvements.
- Analyze the advantages and disadvantages of global sourcing versus producing in the U.S.
- Describe a product or service of a specific low-labor-cost country as an example.
- Include a recommendation of a low-labor-cost country based on inputs, trade-offs, and going global advantages.
Your paper should be in paragraph form (avoid the use of bullet points) and supported with the concepts outlined in your text and additional scholarly sources.
Submit your three- to four-page paper (not including the title and reference pages). Your paper must be formatted according to APA style as outlined Writing Center and must cite at least three scholarly sources in addition to the textbook.