supplier and matching demand Flashcards
1
Q
Whats the equation for average production required?
A
total orders for the year / 12
2
Q
What are the main influences on choice of supplier?
A
cost, quality, reliability, frequency, flexibility, ethics, location, payment terms
3
Q
What are the benefits of having more than one supplier?
A
backup if one supplier fails, increase size of order, compare suppliers
