1. Are intellectual property rights important to FedEx? if so, what strategies is it adopting to protect those rights? is it doing enough?
2. A certain item has a daily demand of 1000 units. It is purchased in batches with a unit cost of $ 5 and a cost of ordering of $ 80 per order. The annual cost of maintaining the inventory is 30% and the shortages are paid late with a cost of $ 2 per unit per month. Purchase orders are programmed so that a batch is received every 30 days.
Find Q * and b *.
3. What are the costs of quality that are incurred by a restaurant that serves food that is eaten raw: salads (for example)? Discuss these costs under the four headings (prevention, appraisal, internal failure, and external failure). A full discussion has to include this restaurant’s supply chain also.